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Verus Ethereum Bridge hacked again, losing $7.54M in a similar exploit to May's attack.

Market News
23 Jul 2026
Crypto news
View Source
Bearish
Verus Ethereum Bridge hacked again, losing $7.54M in a similar exploit to May's attack.

The Verus Ethereum Bridge was exploited again on July 23, losing about $7.54 million through a vulnerability in its import path, similar to an attack in May that drained $11.58 million. The attacker used the same bridge contract and entry method to trigger unbacked payouts on Ethereum, transferring various assets including ETH, USDC, and USDT to a controlled wallet. The root cause is still under investigation, and no recovery or remediation details have been announced yet. This incident is part of a series of recent crypto exploits totaling over $35 million, highlighting ongoing risks in cross-chain bridge security.

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