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Verus-Ethereum Bridge hacked again, losing $7.5M in second exploit within 66 days.

Market News
23 Jul 2026
Bitcoin
View Source
Bearish
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The Verus-Ethereum Bridge suffered a second security breach in just over two months, with attackers stealing between $7.3 million and $7.5 million in various digital assets. This follows a similar exploit in May that resulted in losses of about $11.6 million, bringing total losses to approximately $19.1 million. The attack exploited a flaw where the bridge verified cryptographic proofs but failed to confirm that payout amounts were backed by actual locked assets, highlighting ongoing risks in decentralized finance (DeFi) cross-chain bridges. Users are advised to follow Verus updates, while developers need to fix the bridge's state-check logic to prevent further exploits.

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