The tally of decentralized finance (DeFi) exploits in Might continued to climb after the Verus-Ethereum Bridge reportedly suffered a safety breach, with attackers draining roughly $11.58 million in digital property.
A number of blockchain safety companies flagged the exploit on Monday, warning customers about suspicious exercise linked to the bridge.
Verus-Ethereum Bridge Reportedly Drained for $11.58 Million in Might Exploit
Blockchain safety firm Blockaid flagged the exploit in a publish on X. Safety researchers recognized the attacker’s externally owned account (EOA) as 0x5aBb91B9c01A5Ed3aE762d32B236595B459D5777.
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Blockchain safety platform PeckShield mentioned the attacker drained roughly 103.6 tBTC, 1,625 ETH, and 147,000 USDC from the bridge. Furthermore, the stolen property have been swapped into 5,402.4 ETH, valued at round $11.4 million. The funds stay within the pockets: 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9.
“The attacker’s tackle was initially funded with 1 ETH through Twister Money ~14 hours in the past,” the publish learn.
In the meantime, the Verus loss arrives three days after THORChain halted buying and selling. A breach of 1 vault reportedly drained over $10 million in protocol-owned funds. THORChain mentioned consumer balances weren’t affected.
“THORChain contributors are nonetheless actively investigating the latest incident alongside THORSec and exterior safety companions. Extra info will probably be shared because the investigation progresses,” the crew mentioned.
DeFiLlama information exhibits that 12 DeFi protocols have been hit in Might 2026 earlier than Verus. Collective losses already prime $20 million this month.
April 2026 set the yr’s benchmark, with protocols dropping greater than $606 million throughout 12 incidents. The KelpDAO bridge drain alone accounted for $292 million, making it 2026’s largest single hack.
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The publish Might’s DeFi Hack Tally Grows as Verus Bridge Reportedly Loses $11.58 Million appeared first on BeInCrypto.