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Verus hacker returns $8.5M in ETH after agreeing to a $2.8M bounty deal

Market News
22 May 2026
Coinpaper
View Source
Neutral
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The hacker who exploited the Verus-Ethereum bridge returned 4,052 ETH (around $8.5 million) after Verus proposed a deal to treat the remaining 1,350 ETH (about $2.8 million) as a white hat bounty. This agreement allowed Verus to recover roughly 75% of the stolen funds from the forged cross-chain transfer exploit. The incident highlights ongoing security challenges in DeFi, especially with cross-chain bridges, which remain a major target for attacks. Strengthening smart contract and bridge security is critical as DeFi adoption grows and vulnerabilities continue to impact confidence in decentralized platforms.

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