New Verus-Ethereum bridge attack drains $7.5 million through flaw used in May: Blockaid
The Block·
60-second summary
A second Verus-Ethereum bridge exploit in two months is draining $7.54 million through the same vulnerability class used in May, according to Blockaid. The repeated breach highlights concerns over the security of decentralized bridges, which facilitate transactions between different blockchain networks. This incident may erode user trust in such bridges, impacting adoption and market confidence in the broader crypto ecosystem.
A second Verus-Ethereum bridge exploit in two months drained $7.54 million through the same vulnerability class used in May, per Blockaid.