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Verus Protocol's Ethereum bridge hacked, losing over $11.5M via forged cross-chain transfer.

Market News
18 May 2026
Crypto news
View Source
Bearish
pluang ai news

Verus Protocol's Ethereum bridge was exploited, resulting in over $11.5 million stolen through a forged cross-chain transfer message. Security firms identified the flaw as missing validation checks in the bridge's verification process, allowing attackers to bypass controls and drain assets including tBTC, ETH, and USDC. The attack resembles previous major bridge exploits and highlights ongoing vulnerabilities in DeFi cross-chain infrastructure. Experts recommend stricter validation and emergency controls to prevent similar breaches in the future.

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