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.
