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๐จ $VERUS BRIDGE HACKED โ $7.5M DRAINED IN REPEATED EXPLOIT! ๐ฅ
๐ Another cross-chain bridge falls to the same old trick โ Verus's $7.53 million loss confirms that patching without fixing the root cause is just window dressing. ๐ด This is the fourth bridge attack in a single week, and what's worse, the vulnerability mirrors the exact flaw exploited back in May. ๐ฆ Hackers are systematically farming these gaps.
๐ก If your bridge solution keeps getting hit by the same bullet, it's not bad luck โ it's negligence. Smart money moves to audited, battle-tested infrastructure. ๐ฌ Are you still trusting unpatched bridges, or have you shifted to native L1 swaps with proven security records? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #Verus #BridgeHack #Crypto #Security
๐ก๏ธ ๐ด
๐ Another cross-chain bridge falls to the same old trick โ Verus's $7.53 million loss confirms that patching without fixing the root cause is just window dressing. ๐ด This is the fourth bridge attack in a single week, and what's worse, the vulnerability mirrors the exact flaw exploited back in May. ๐ฆ Hackers are systematically farming these gaps.
๐ก If your bridge solution keeps getting hit by the same bullet, it's not bad luck โ it's negligence. Smart money moves to audited, battle-tested infrastructure. ๐ฌ Are you still trusting unpatched bridges, or have you shifted to native L1 swaps with proven security records? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #Verus #BridgeHack #Crypto #Security
๐ก๏ธ ๐ด
Hackers steal $35.56M in three exploits
#AFX , a decentralized perpetual exchange on #ARBฤฐTRUM , reportedly lost $24.15M in a hack targeting one of its cross-chain bridges. #Verus lost about $7.55M after its #Ethereum cross-chain bridge was attacked, while #Bitcoin #Layer2 #B2Network reported losses of approximately $3.86M following a separate compromise.
The consecutive exploits underscore the ongoing security challenges faced by cross-chain bridges, which manage significant asset pools and facilitate transfers between different blockchains.
๐ cointelegraph.com/news/afx-protocol-reportedly-loses-24m-in-bridge-exploit
#AFX , a decentralized perpetual exchange on #ARBฤฐTRUM , reportedly lost $24.15M in a hack targeting one of its cross-chain bridges. #Verus lost about $7.55M after its #Ethereum cross-chain bridge was attacked, while #Bitcoin #Layer2 #B2Network reported losses of approximately $3.86M following a separate compromise.
The consecutive exploits underscore the ongoing security challenges faced by cross-chain bridges, which manage significant asset pools and facilitate transfers between different blockchains.
๐ cointelegraph.com/news/afx-protocol-reportedly-loses-24m-in-bridge-exploit
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