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A coordinated exploit drained approximately $11.5 million from the Verus-Ethereum bridge on May 18, with security firm Blockaid linking the attacker’s wallet to Tornado Cash. Attacker Converts Loot to ETH and Tornado Cash Trail Emerges The Verus-Ethereum bridge was drained of approximately $11.5 million in a coordinated exploit, with analytics confirming that the attacker extracted […]
A hacker drained approximately $11.58 million in assets from the Verus-Ethereum Bridge in a single transaction on May 17, 2026 — targeting a cross-chain infrastructure project that had explicitly marketed itself as immune to the kind of smart contract exploit that just gutted it. Related Reading: Iran Launches Bitcoin Payment Platform For Strait Of Hormuz […]
Despite the scale of the breach, Verus' native token showed little immediate reaction following news of the exploit.
The abnormal outflows highlight vulnerabilities in cross-chain bridges, prompting increased scrutiny and potential regulatory actions in the crypto space. The post Verus-Ethereum Bridge sees $11.4M in abnormal asset outflows appeared first on Crypto Briefing.
