#echoprotocol
echoprotocol
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37 සාකච්ඡා කරමින්
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නවතම
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උසබ තත්ත්වය
පරිවර්තනය බලන්න
#openledger $OPEN 💥Echo Protocol, a DeFi platform centered on Bitcoin, acknowledged a significant hack on May 19, 2026🔥
👍Following an attacker's acquisition of an administrative private key on the Monad blockchain. Using this access, the attacker minted around 1,000 unbacked eBTC tokens with a notional worth of roughly $76.7 million at the moment.
💥The Mechanism of the Echo Protocol Assault
🔥 Initial Breach and Token Minting: The attacker created about 1,000 eBTC tokens following the first breach. 45 eBTC (worth around $3.45 million) of these were put up as collateral on the Curvance platform to borrow 11.3 WBTC (worth about $868,000). The attacker then transferred the stolen WBTC to Ethereum and washed the money using Tornado Cash.
🔥Swift Protocol Response: The Echo team stopped all cross-chain transfers right away to limit the damage and confirmed they had recovered control of the compromised admin key. To stop more misuse, they then burned the 955 eBTC remaining in the attacker's wallet.
🔥Right After & Here are the steps: Following the news, the ECHO token of the platform dropped more than 12%. As a precaution, Curvance stopped the damaged market; both the Monad and Aptos networks were stated to be functioning normally. Echo has stopped and updated the pertinent contracts as part of an effort to restore operations, while the inquiry goes on.
💎 The Expanding Threat Scene in Decentralized Finance
👍The Echo Protocol event draws attention to a disturbing tendency in the DeFi sector whereby an operational security breakdown, such the compromise of a single admin key, was the underlying cause instead of a flaw in a smart contract. In May 2026 alone, this hack was the 14th major cryptocurrency exploit documented following other notable violations at THORChain and the Verus-Ethereum
{spot}(BTCUSDT)
{spot}(ETHUSDT)
{future}(BNBUSDT)
$BTC $BNB #SECProposesIPORuleOverhaul
#Echoprotocol
#openledger $OPEN 💥Echo Protocol, a DeFi platform centered on Bitcoin, acknowledged a significant hack on May 19, 2026🔥
👍Following an attacker's acquisition of an administrative private key on the Monad blockchain. Using this access, the attacker minted around 1,000 unbacked eBTC tokens with a notional worth of roughly $76.7 million at the moment.
💥The Mechanism of the Echo Protocol Assault
🔥 Initial Breach and Token Minting: The attacker created about 1,000 eBTC tokens following the first breach. 45 eBTC (worth around $3.45 million) of these were put up as collateral on the Curvance platform to borrow 11.3 WBTC (worth about $868,000). The attacker then transferred the stolen WBTC to Ethereum and washed the money using Tornado Cash.
🔥Swift Protocol Response: The Echo team stopped all cross-chain transfers right away to limit the damage and confirmed they had recovered control of the compromised admin key. To stop more misuse, they then burned the 955 eBTC remaining in the attacker's wallet.
🔥Right After & Here are the steps: Following the news, the ECHO token of the platform dropped more than 12%. As a precaution, Curvance stopped the damaged market; both the Monad and Aptos networks were stated to be functioning normally. Echo has stopped and updated the pertinent contracts as part of an effort to restore operations, while the inquiry goes on.
💎 The Expanding Threat Scene in Decentralized Finance
👍The Echo Protocol event draws attention to a disturbing tendency in the DeFi sector whereby an operational security breakdown, such the compromise of a single admin key, was the underlying cause instead of a flaw in a smart contract. In May 2026 alone, this hack was the 14th major cryptocurrency exploit documented following other notable violations at THORChain and the Verus-Ethereum
$BTC $BNB #SECProposesIPORuleOverhaul
#Echoprotocol
👍Following an attacker's acquisition of an administrative private key on the Monad blockchain. Using this access, the attacker minted around 1,000 unbacked eBTC tokens with a notional worth of roughly $76.7 million at the moment.
💥The Mechanism of the Echo Protocol Assault
🔥 Initial Breach and Token Minting: The attacker created about 1,000 eBTC tokens following the first breach. 45 eBTC (worth around $3.45 million) of these were put up as collateral on the Curvance platform to borrow 11.3 WBTC (worth about $868,000). The attacker then transferred the stolen WBTC to Ethereum and washed the money using Tornado Cash.
🔥Swift Protocol Response: The Echo team stopped all cross-chain transfers right away to limit the damage and confirmed they had recovered control of the compromised admin key. To stop more misuse, they then burned the 955 eBTC remaining in the attacker's wallet.
🔥Right After & Here are the steps: Following the news, the ECHO token of the platform dropped more than 12%. As a precaution, Curvance stopped the damaged market; both the Monad and Aptos networks were stated to be functioning normally. Echo has stopped and updated the pertinent contracts as part of an effort to restore operations, while the inquiry goes on.
💎 The Expanding Threat Scene in Decentralized Finance
👍The Echo Protocol event draws attention to a disturbing tendency in the DeFi sector whereby an operational security breakdown, such the compromise of a single admin key, was the underlying cause instead of a flaw in a smart contract. In May 2026 alone, this hack was the 14th major cryptocurrency exploit documented following other notable violations at THORChain and the Verus-Ethereum
$BTC $BNB #SECProposesIPORuleOverhaul
#Echoprotocol
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පරිවර්තනය බලන්න
⚠️ $77,000,000 GONE:
The Echo Protocol Exploit Explained (And 3 Lessons for YOU)
DeFi just took another massive hit. Echo Protocol was hit by a $77 Million exploit involving unauthorized eBTC minting on the Monad blockchain.
If you are hunting for high yields in DeFi, you need to understand exactly how this happened so you don’t become the next statistic.
What went wrong?
The hackers found a critical vulnerability in the protocol's minting smart contract logic, allowing them to mint eBTC out of thin air without putting up the collateral.
3 Rules to protect your portfolio today:
The 5% Rule: Never put more than 5% of your total portfolio into a single newer DeFi protocol, no matter how high the APY is.
Audit Checks: An audit doesn't mean a protocol is unhackable. It just means it passed a test on a specific day. Look for active bug bounty programs.
Revoke Allowances: If you interacted with Echo or similar testnet/early-mainnet protocols recently, go to Revoke.cash right now and clean up your smart contract permissions.
The tech is early, the risks are real. Stay safe out there.
Drop a 🧵 if you want a full breakdown on how to audit contract permissions yourself!
#DEFİ i #CryptoSecurityAlert #Monad #EchoProtocol #dyor
⚠️ $77,000,000 GONE:
The Echo Protocol Exploit Explained (And 3 Lessons for YOU)
DeFi just took another massive hit. Echo Protocol was hit by a $77 Million exploit involving unauthorized eBTC minting on the Monad blockchain.
If you are hunting for high yields in DeFi, you need to understand exactly how this happened so you don’t become the next statistic.
What went wrong?
The hackers found a critical vulnerability in the protocol's minting smart contract logic, allowing them to mint eBTC out of thin air without putting up the collateral.
3 Rules to protect your portfolio today:
The 5% Rule: Never put more than 5% of your total portfolio into a single newer DeFi protocol, no matter how high the APY is.
Audit Checks: An audit doesn't mean a protocol is unhackable. It just means it passed a test on a specific day. Look for active bug bounty programs.
Revoke Allowances: If you interacted with Echo or similar testnet/early-mainnet protocols recently, go to Revoke.cash right now and clean up your smart contract permissions.
The tech is early, the risks are real. Stay safe out there.
Drop a 🧵 if you want a full breakdown on how to audit contract permissions yourself!
#DEFİ i #CryptoSecurityAlert #Monad #EchoProtocol #dyor
The Echo Protocol Exploit Explained (And 3 Lessons for YOU)
DeFi just took another massive hit. Echo Protocol was hit by a $77 Million exploit involving unauthorized eBTC minting on the Monad blockchain.
If you are hunting for high yields in DeFi, you need to understand exactly how this happened so you don’t become the next statistic.
What went wrong?
The hackers found a critical vulnerability in the protocol's minting smart contract logic, allowing them to mint eBTC out of thin air without putting up the collateral.
3 Rules to protect your portfolio today:
The 5% Rule: Never put more than 5% of your total portfolio into a single newer DeFi protocol, no matter how high the APY is.
Audit Checks: An audit doesn't mean a protocol is unhackable. It just means it passed a test on a specific day. Look for active bug bounty programs.
Revoke Allowances: If you interacted with Echo or similar testnet/early-mainnet protocols recently, go to Revoke.cash right now and clean up your smart contract permissions.
The tech is early, the risks are real. Stay safe out there.
Drop a 🧵 if you want a full breakdown on how to audit contract permissions yourself!
#DEFİ i #CryptoSecurityAlert #Monad #EchoProtocol #dyor
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Monad ජාලයේ $76,7 මිලියන එක්ස්ප්ලොයිට් එක: හැකර් Echo Protocol එක කඩලා, නමුත් කණ්ඩායම ඔහුගේ සොයාගත් දේ අහුවෙලාMonad ජාලය තුළ ඇති Echo Protocol ව්යාපෘතියට දැඩි ප්රහාරයක් එල්ල වී ඇත: දුෂ්චරයා විසින් ඩොලර් $76,7 මිලියනක් වූ දැවැන්ත මුදලක් සඳහා බිට්කොයින් ඔතාගත් (wrapped) 1000 eBTC නිකුත් කර ඇත. පළමුව අසාමාන්ය mint එක dcfgod නම් insider විසින් හඳුනාගත් අතර, එයින් පසු මෙම සිදුවීම PeckShield සහ Lookonchain විසින්ද තහවුරු කරන ලදී.
පුවත් වල පසුබිම මත නේටිව් ටෝකනයක් $ECHO ක්ෂණිකව ප්රතිචාර දක්වමින් 12,19% කින් බිඳ වැටුණු අතර දැනට ඩොලර් $0,004906 මිලකට වෙළඳාම් කෙරේ (දෛනික අවමය $0,004888 ලෙස සටහන් කර ඇත). CoinMarketCap ප්රස්ථාරයේ ආසන්න වශයෙන් 03:40 ට සිදුවූ වේගවත් පහත වැටීම පැහැදිලිව දැකගත හැකි අතර, එය ප්රහාරය ආරම්භ වූ මොහොතට සමපාත වේ.
Monad ජාලයේ $76,7 මිලියන එක්ස්ප්ලොයිට් එක: හැකර් Echo Protocol එක කඩලා, නමුත් කණ්ඩායම ඔහුගේ සොයාගත් දේ අහුවෙලා
Monad ජාලය තුළ ඇති Echo Protocol ව්යාපෘතියට දැඩි ප්රහාරයක් එල්ල වී ඇත: දුෂ්චරයා විසින් ඩොලර් $76,7 මිලියනක් වූ දැවැන්ත මුදලක් සඳහා බිට්කොයින් ඔතාගත් (wrapped) 1000 eBTC නිකුත් කර ඇත. පළමුව අසාමාන්ය mint එක dcfgod නම් insider විසින් හඳුනාගත් අතර, එයින් පසු මෙම සිදුවීම PeckShield සහ Lookonchain විසින්ද තහවුරු කරන ලදී.
පුවත් වල පසුබිම මත නේටිව් ටෝකනයක් $ECHO ක්ෂණිකව ප්රතිචාර දක්වමින් 12,19% කින් බිඳ වැටුණු අතර දැනට ඩොලර් $0,004906 මිලකට වෙළඳාම් කෙරේ (දෛනික අවමය $0,004888 ලෙස සටහන් කර ඇත). CoinMarketCap ප්රස්ථාරයේ ආසන්න වශයෙන් 03:40 ට සිදුවූ වේගවත් පහත වැටීම පැහැදිලිව දැකගත හැකි අතර, එය ප්රහාරය ආරම්භ වූ මොහොතට සමපාත වේ.
පුවත් වල පසුබිම මත නේටිව් ටෝකනයක් $ECHO ක්ෂණිකව ප්රතිචාර දක්වමින් 12,19% කින් බිඳ වැටුණු අතර දැනට ඩොලර් $0,004906 මිලකට වෙළඳාම් කෙරේ (දෛනික අවමය $0,004888 ලෙස සටහන් කර ඇත). CoinMarketCap ප්රස්ථාරයේ ආසන්න වශයෙන් 03:40 ට සිදුවූ වේගවත් පහත වැටීම පැහැදිලිව දැකගත හැකි අතර, එය ප්රහාරය ආරම්භ වූ මොහොතට සමපාත වේ.
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ECHO පද්ධතිය (Echo Protocol) හි මිල ඩොලර් $0.0065 ආසන්නයේ උඩු-පහළවෙමින් පවතී. පසුගිය පැය 24 තුළ එය සුළු ලෙස පහළ ගොස් ඇත (විනිමය ස්ථාන අතර -1% සිට -9% දක්වා පමණ), සතිය තුළ තව ටිකක් පහළ ගොස් ඇත. වෙළඳපල ප්රාග්ධනය ඩොලර් $1.5 සිට $2 මිලියන පමණ වන අතර, ශ්රේණිගත කිරීම 1600-2500 අතර වේ.
එය මූලික වශයෙන් Bitcoin liquidity aggregation + yield පද්ධතියකි. එය BTC, BTC LST, විවිධ chain වල spread වූ wrapped BTC එකතු කරලා DeFi වල භාවිත කිරීමට aBTC (Echo BTC) නිර්මාණය කරයි. Aptos සමඟ හොඳ ඒකාබද්ධතාවක් ඇත; yield නිර්මාණය කළ හැක. Tokenomics වල fixed supply 1 billionක් තිබේ, buyback & burn ක්රමවේදයක්ද ඇත, එමෙන්ම හිමිකරුවන්ට ආදායම් කොටසක්ද ලබා දෙයි.
වත්මන් තත්ත්වය: වෙළඳපල දැන් bearish/sideways මට්ටමේයි, ඒ නිසා ECHO ද පීඩනයට යටත්ව ඇත. වෙළුම මධ්යමය ($70k-120k/day) නමුත් තවම විශාල pump සිදුවී නැහැ. ATH ඉතා ඉහළ මට්ටමක තිබුණා; දැන් ඒක ඊට වඩා බොහෝ අඩුයි.
අනාගතයේ කුමක් විය හැකිද? කෙටි කාලීනව (2026), බොහෝ විශ්ලේෂකයන් කියන්නේ BTC bull run එකක් එයි නම් සහ protocol එක තුළ TVL + භාවිතා කිරීම (adoption) වැඩි වුවහොත් $0.008 සිට $0.016 දක්වා යා හැකි බවයි. දිගු කාලීනව (2027-2030) නම්, සමහරු $0.02-$0.05+ ඉලක්කයක් දෙනවා—නමුත් මේවා හුදු අනුමාන පමණි.
මගේම වචන: BTCFi අංශයට තවමත් විශාල හැකියාවක් තියෙනවා. Echo protocol එකට TVL වැඩි කරලා, තවත් chain වලට ව්යාප්ත කරලා, ආදායම ජනනය කරලා ඒක burn කරගන්න පුළුවන් නම්—එහෙම එයට හොඳ ඉහළ යාමක් ලැබෙන්න පුළුවන්. නමුත් crypto වල අවදානම බොහොමයි. දැන් අල්ලගෙන ඉන්න අයට ඉවසීම අවශ්ය වේ. ඔබ නව ඇතුල්වීමක් කරන්නෙ නම්, මුදල් සියල්ල එකවර දාන්නට වඩා DCA (නිතර-නිතර කුඩා වශයෙන් මිලදී ගැනීම) කිරීම හොඳයි. DYOR මල්ලී, ඔබේම පර්යේෂණයක් නැතිව කිසිම දේකට පැනලා නොයා යුතුයි.
#ECHO #EchoProtocol #BTCFi #CryptoBangladesh
ECHO පද්ධතිය (Echo Protocol) හි මිල ඩොලර් $0.0065 ආසන්නයේ උඩු-පහළවෙමින් පවතී. පසුගිය පැය 24 තුළ එය සුළු ලෙස පහළ ගොස් ඇත (විනිමය ස්ථාන අතර -1% සිට -9% දක්වා පමණ), සතිය තුළ තව ටිකක් පහළ ගොස් ඇත. වෙළඳපල ප්රාග්ධනය ඩොලර් $1.5 සිට $2 මිලියන පමණ වන අතර, ශ්රේණිගත කිරීම 1600-2500 අතර වේ.
එය මූලික වශයෙන් Bitcoin liquidity aggregation + yield පද්ධතියකි. එය BTC, BTC LST, විවිධ chain වල spread වූ wrapped BTC එකතු කරලා DeFi වල භාවිත කිරීමට aBTC (Echo BTC) නිර්මාණය කරයි. Aptos සමඟ හොඳ ඒකාබද්ධතාවක් ඇත; yield නිර්මාණය කළ හැක. Tokenomics වල fixed supply 1 billionක් තිබේ, buyback & burn ක්රමවේදයක්ද ඇත, එමෙන්ම හිමිකරුවන්ට ආදායම් කොටසක්ද ලබා දෙයි.
වත්මන් තත්ත්වය: වෙළඳපල දැන් bearish/sideways මට්ටමේයි, ඒ නිසා ECHO ද පීඩනයට යටත්ව ඇත. වෙළුම මධ්යමය ($70k-120k/day) නමුත් තවම විශාල pump සිදුවී නැහැ. ATH ඉතා ඉහළ මට්ටමක තිබුණා; දැන් ඒක ඊට වඩා බොහෝ අඩුයි.
අනාගතයේ කුමක් විය හැකිද? කෙටි කාලීනව (2026), බොහෝ විශ්ලේෂකයන් කියන්නේ BTC bull run එකක් එයි නම් සහ protocol එක තුළ TVL + භාවිතා කිරීම (adoption) වැඩි වුවහොත් $0.008 සිට $0.016 දක්වා යා හැකි බවයි. දිගු කාලීනව (2027-2030) නම්, සමහරු $0.02-$0.05+ ඉලක්කයක් දෙනවා—නමුත් මේවා හුදු අනුමාන පමණි.
මගේම වචන: BTCFi අංශයට තවමත් විශාල හැකියාවක් තියෙනවා. Echo protocol එකට TVL වැඩි කරලා, තවත් chain වලට ව්යාප්ත කරලා, ආදායම ජනනය කරලා ඒක burn කරගන්න පුළුවන් නම්—එහෙම එයට හොඳ ඉහළ යාමක් ලැබෙන්න පුළුවන්. නමුත් crypto වල අවදානම බොහොමයි. දැන් අල්ලගෙන ඉන්න අයට ඉවසීම අවශ්ය වේ. ඔබ නව ඇතුල්වීමක් කරන්නෙ නම්, මුදල් සියල්ල එකවර දාන්නට වඩා DCA (නිතර-නිතර කුඩා වශයෙන් මිලදී ගැනීම) කිරීම හොඳයි. DYOR මල්ලී, ඔබේම පර්යේෂණයක් නැතිව කිසිම දේකට පැනලා නොයා යුතුයි.
#ECHO #EchoProtocol #BTCFi #CryptoBangladesh
එය මූලික වශයෙන් Bitcoin liquidity aggregation + yield පද්ධතියකි. එය BTC, BTC LST, විවිධ chain වල spread වූ wrapped BTC එකතු කරලා DeFi වල භාවිත කිරීමට aBTC (Echo BTC) නිර්මාණය කරයි. Aptos සමඟ හොඳ ඒකාබද්ධතාවක් ඇත; yield නිර්මාණය කළ හැක. Tokenomics වල fixed supply 1 billionක් තිබේ, buyback & burn ක්රමවේදයක්ද ඇත, එමෙන්ම හිමිකරුවන්ට ආදායම් කොටසක්ද ලබා දෙයි.
වත්මන් තත්ත්වය: වෙළඳපල දැන් bearish/sideways මට්ටමේයි, ඒ නිසා ECHO ද පීඩනයට යටත්ව ඇත. වෙළුම මධ්යමය ($70k-120k/day) නමුත් තවම විශාල pump සිදුවී නැහැ. ATH ඉතා ඉහළ මට්ටමක තිබුණා; දැන් ඒක ඊට වඩා බොහෝ අඩුයි.
අනාගතයේ කුමක් විය හැකිද? කෙටි කාලීනව (2026), බොහෝ විශ්ලේෂකයන් කියන්නේ BTC bull run එකක් එයි නම් සහ protocol එක තුළ TVL + භාවිතා කිරීම (adoption) වැඩි වුවහොත් $0.008 සිට $0.016 දක්වා යා හැකි බවයි. දිගු කාලීනව (2027-2030) නම්, සමහරු $0.02-$0.05+ ඉලක්කයක් දෙනවා—නමුත් මේවා හුදු අනුමාන පමණි.
මගේම වචන: BTCFi අංශයට තවමත් විශාල හැකියාවක් තියෙනවා. Echo protocol එකට TVL වැඩි කරලා, තවත් chain වලට ව්යාප්ත කරලා, ආදායම ජනනය කරලා ඒක burn කරගන්න පුළුවන් නම්—එහෙම එයට හොඳ ඉහළ යාමක් ලැබෙන්න පුළුවන්. නමුත් crypto වල අවදානම බොහොමයි. දැන් අල්ලගෙන ඉන්න අයට ඉවසීම අවශ්ය වේ. ඔබ නව ඇතුල්වීමක් කරන්නෙ නම්, මුදල් සියල්ල එකවර දාන්නට වඩා DCA (නිතර-නිතර කුඩා වශයෙන් මිලදී ගැනීම) කිරීම හොඳයි. DYOR මල්ලී, ඔබේම පර්යේෂණයක් නැතිව කිසිම දේකට පැනලා නොයා යුතුයි.
#ECHO #EchoProtocol #BTCFi #CryptoBangladesh
2
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පරිවර්තනය බලන්න
🚨 Major Security Breach: Echo Protocol Exploited for $76.7M in eBTC 🚨
The BTCFi ecosystem just witnessed a highly sophisticated exploit. Today, Echo Protocol suffered a critical security breach on its Monad deployment after a single-signature administrative private key was compromised.
Here is exactly how the attack unfolded:
The Mint: The hacker utilized the leaked admin key to grant themselves minter privileges, artificially creating 1,000 unbacked eBTC tokens (theoretically worth ~$76.7 million) out of thin air.
The Extraction: Because secondary markets lacked the liquidity to cash out the full amount, the attacker deposited 45 eBTC into Curvance to borrow 11.29 WBTC.
The Getaway: The attacker quickly bridged the WBTC to Ethereum, swapped it for native ETH, and laundered 384 ETH (realizing about $818,000 to $821,700) through the Tornado Cash mixer.
Protocol Response & Current Status:
🛡️ The Echo Protocol developers successfully regained control of the compromised keys and permanently destroyed the remaining 955 eBTC held in the attacker's wallet, removing over $73 million in fraudulent value from the chain.
🛑 All cross-chain bridge operations on the Monad network have been completely suspended while the team conducts security upgrades.
Are Aptos Users Safe?
Yes! The Monad and Aptos network deployments operate entirely independently. Security teams confirmed there is no evidence of impact on the Aptos side, with risk exposure limited to about $71,000 and zero actual funds lost.
⚠️ WARNING: Beware of phishing links! Scammers are actively posting fake compensation and refund portals. Do NOT interact with unverified links promising to recover your funds.
What are your thoughts on protocols relying on single-signature admin keys? Let us know in the comments! 👇
#EchoProtocol #Ecoprotocol$76.7MHack #defi #cryptohacks #Monad
$EDEN
{future}(EDENUSDT)
🚨 Major Security Breach: Echo Protocol Exploited for $76.7M in eBTC 🚨
The BTCFi ecosystem just witnessed a highly sophisticated exploit. Today, Echo Protocol suffered a critical security breach on its Monad deployment after a single-signature administrative private key was compromised.
Here is exactly how the attack unfolded:
The Mint: The hacker utilized the leaked admin key to grant themselves minter privileges, artificially creating 1,000 unbacked eBTC tokens (theoretically worth ~$76.7 million) out of thin air.
The Extraction: Because secondary markets lacked the liquidity to cash out the full amount, the attacker deposited 45 eBTC into Curvance to borrow 11.29 WBTC.
The Getaway: The attacker quickly bridged the WBTC to Ethereum, swapped it for native ETH, and laundered 384 ETH (realizing about $818,000 to $821,700) through the Tornado Cash mixer.
Protocol Response & Current Status:
🛡️ The Echo Protocol developers successfully regained control of the compromised keys and permanently destroyed the remaining 955 eBTC held in the attacker's wallet, removing over $73 million in fraudulent value from the chain.
🛑 All cross-chain bridge operations on the Monad network have been completely suspended while the team conducts security upgrades.
Are Aptos Users Safe?
Yes! The Monad and Aptos network deployments operate entirely independently. Security teams confirmed there is no evidence of impact on the Aptos side, with risk exposure limited to about $71,000 and zero actual funds lost.
⚠️ WARNING: Beware of phishing links! Scammers are actively posting fake compensation and refund portals. Do NOT interact with unverified links promising to recover your funds.
What are your thoughts on protocols relying on single-signature admin keys? Let us know in the comments! 👇
#EchoProtocol #Ecoprotocol$76.7MHack #defi #cryptohacks #Monad
$EDEN
The BTCFi ecosystem just witnessed a highly sophisticated exploit. Today, Echo Protocol suffered a critical security breach on its Monad deployment after a single-signature administrative private key was compromised.
Here is exactly how the attack unfolded:
The Mint: The hacker utilized the leaked admin key to grant themselves minter privileges, artificially creating 1,000 unbacked eBTC tokens (theoretically worth ~$76.7 million) out of thin air.
The Extraction: Because secondary markets lacked the liquidity to cash out the full amount, the attacker deposited 45 eBTC into Curvance to borrow 11.29 WBTC.
The Getaway: The attacker quickly bridged the WBTC to Ethereum, swapped it for native ETH, and laundered 384 ETH (realizing about $818,000 to $821,700) through the Tornado Cash mixer.
Protocol Response & Current Status:
🛡️ The Echo Protocol developers successfully regained control of the compromised keys and permanently destroyed the remaining 955 eBTC held in the attacker's wallet, removing over $73 million in fraudulent value from the chain.
🛑 All cross-chain bridge operations on the Monad network have been completely suspended while the team conducts security upgrades.
Are Aptos Users Safe?
Yes! The Monad and Aptos network deployments operate entirely independently. Security teams confirmed there is no evidence of impact on the Aptos side, with risk exposure limited to about $71,000 and zero actual funds lost.
⚠️ WARNING: Beware of phishing links! Scammers are actively posting fake compensation and refund portals. Do NOT interact with unverified links promising to recover your funds.
What are your thoughts on protocols relying on single-signature admin keys? Let us know in the comments! 👇
#EchoProtocol #Ecoprotocol$76.7MHack #defi #cryptohacks #Monad
$EDEN
136
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පරිවර්තනය බලන්න
🚨 تحديث عاجل: تفاصيل جنونية لاختراق EchoProtocol الأخير!
يبدو أن الأمور تزداد تعقيداً؛ إليكم بالتفصيل والخطوات كيف نفّذ المخترق هجومه الأخير بناءً على ما نشره المحلل dcfgod حول اختراق بروتوكول EchoProtocol_ المبني على شبكة Monad:
1️⃣ الخطوة الأولى: قام المخترق بصك (Mint) نحو 1,000 من عملة $eBTC وهمية (بقيمة 76.64 مليون دولار) على شبكة Monad.
2️⃣ الخطوة الثانية: أودع 45 $eBTC (بقيمة 3.45 مليون دولار) في بروتوكول Curvance.
3️⃣ الخطوة الثالثة: استغل هذا الإيداع ليقترض 11.3 $WBTC (بقيمة 867 ألف دولار) من Curvance.
4️⃣ الخطوة الرابعة: قام بنقل (Bridge) الـ 11.3 $WBTC إلى شبكة إيثريوم، واستبدلها فوراً بـ 385 $ETH (بقيمة 821 ألف دولار).
5️⃣ الخطوة الخامسة: لغسيل الأموال وإخفاء أثره، قام بإيداع الـ 385 $ETH كاملة في خلاط العملات الشهير Tornado Cash.
💰 الوضع الحالي: المخترق ما زال يحتفظ بـ 955 $eBTC (تُقدر قيمتها نظرياً بـ 73.2 مليون دولار) في محفظته!
#كريبتو #عملات_رقمية #أمن_سيبراني #إيثريوم #أخبار_الكريبتو #بلوكتشين
#Crypto #CryptoHacks #Monad #EchoProtocol #TornadoCash #Ethereum
🚨 تحديث عاجل: تفاصيل جنونية لاختراق EchoProtocol الأخير!
يبدو أن الأمور تزداد تعقيداً؛ إليكم بالتفصيل والخطوات كيف نفّذ المخترق هجومه الأخير بناءً على ما نشره المحلل dcfgod حول اختراق بروتوكول EchoProtocol_ المبني على شبكة Monad:
1️⃣ الخطوة الأولى: قام المخترق بصك (Mint) نحو 1,000 من عملة $eBTC وهمية (بقيمة 76.64 مليون دولار) على شبكة Monad.
2️⃣ الخطوة الثانية: أودع 45 $eBTC (بقيمة 3.45 مليون دولار) في بروتوكول Curvance.
3️⃣ الخطوة الثالثة: استغل هذا الإيداع ليقترض 11.3 $WBTC (بقيمة 867 ألف دولار) من Curvance.
4️⃣ الخطوة الرابعة: قام بنقل (Bridge) الـ 11.3 $WBTC إلى شبكة إيثريوم، واستبدلها فوراً بـ 385 $ETH (بقيمة 821 ألف دولار).
5️⃣ الخطوة الخامسة: لغسيل الأموال وإخفاء أثره، قام بإيداع الـ 385 $ETH كاملة في خلاط العملات الشهير Tornado Cash.
💰 الوضع الحالي: المخترق ما زال يحتفظ بـ 955 $eBTC (تُقدر قيمتها نظرياً بـ 73.2 مليون دولار) في محفظته!
#كريبتو #عملات_رقمية #أمن_سيبراني #إيثريوم #أخبار_الكريبتو #بلوكتشين
#Crypto #CryptoHacks #Monad #EchoProtocol #TornadoCash #Ethereum
يبدو أن الأمور تزداد تعقيداً؛ إليكم بالتفصيل والخطوات كيف نفّذ المخترق هجومه الأخير بناءً على ما نشره المحلل dcfgod حول اختراق بروتوكول EchoProtocol_ المبني على شبكة Monad:
1️⃣ الخطوة الأولى: قام المخترق بصك (Mint) نحو 1,000 من عملة $eBTC وهمية (بقيمة 76.64 مليون دولار) على شبكة Monad.
2️⃣ الخطوة الثانية: أودع 45 $eBTC (بقيمة 3.45 مليون دولار) في بروتوكول Curvance.
3️⃣ الخطوة الثالثة: استغل هذا الإيداع ليقترض 11.3 $WBTC (بقيمة 867 ألف دولار) من Curvance.
4️⃣ الخطوة الرابعة: قام بنقل (Bridge) الـ 11.3 $WBTC إلى شبكة إيثريوم، واستبدلها فوراً بـ 385 $ETH (بقيمة 821 ألف دولار).
5️⃣ الخطوة الخامسة: لغسيل الأموال وإخفاء أثره، قام بإيداع الـ 385 $ETH كاملة في خلاط العملات الشهير Tornado Cash.
💰 الوضع الحالي: المخترق ما زال يحتفظ بـ 955 $eBTC (تُقدر قيمتها نظرياً بـ 73.2 مليون دولار) في محفظته!
#كريبتو #عملات_رقمية #أمن_سيبراني #إيثريوم #أخبار_الكريبتو #بلوكتشين
#Crypto #CryptoHacks #Monad #EchoProtocol #TornadoCash #Ethereum
4
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පරිවර්තනය බලන්න
又来活了，预言机操纵这老剧本在Monad上重演。攻击者直接凭空铸造1k eBTC，拿其中一部分当抵押品借出WBTC，转头就把约82万U价值的ETH倒进混币器洗得干干净净。这味儿太熟，基本是喂价被劫持的经典复刻。不过话说回来，防闪电贷是基操了，项目方居然没防住混币器这条后路，是心太大还是底子本来就不干净？这波散户的眼泪又填进去不少💀💸。 #Monad #EchoProtocol $ETH $WBTC
{spot}(WBTCUSDT)
又来活了，预言机操纵这老剧本在Monad上重演。攻击者直接凭空铸造1k eBTC，拿其中一部分当抵押品借出WBTC，转头就把约82万U价值的ETH倒进混币器洗得干干净净。这味儿太熟，基本是喂价被劫持的经典复刻。不过话说回来，防闪电贷是基操了，项目方居然没防住混币器这条后路，是心太大还是底子本来就不干净？这波散户的眼泪又填进去不少💀💸。 #Monad #EchoProtocol $ETH $WBTC
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පරිවර්තනය බලන්න
ECHO PROTOCOL CONFIRMS ADMIN KEY COMPROMISE ON MONAD DEPLOYMENTEcho Protocol announced that an administrator key related to its deployment on Monad was compromised, resulting in approximately $816,000 in affected assets.
The protocol stated that the incident impacted assets connected to the specific deployment environment, while investigations and recovery efforts are currently ongoing.
The event once again highlights growing security risks surrounding cross-chain infrastructure, admin key management, and emerging blockchain ecosystems. Markets are also closely monitoring potential implications for projects connected to Aptos and other next-generation Layer 1 networks.
#EchoProtocol #Monad #Aptos $MON $BTC #Ecoprotocol$76.7MHack
ECHO PROTOCOL CONFIRMS ADMIN KEY COMPROMISE ON MONAD DEPLOYMENT
Echo Protocol announced that an administrator key related to its deployment on Monad was compromised, resulting in approximately $816,000 in affected assets.
The protocol stated that the incident impacted assets connected to the specific deployment environment, while investigations and recovery efforts are currently ongoing.
The event once again highlights growing security risks surrounding cross-chain infrastructure, admin key management, and emerging blockchain ecosystems. Markets are also closely monitoring potential implications for projects connected to Aptos and other next-generation Layer 1 networks.
#EchoProtocol #Monad #Aptos $MON $BTC #Ecoprotocol$76.7MHack
The protocol stated that the incident impacted assets connected to the specific deployment environment, while investigations and recovery efforts are currently ongoing.
The event once again highlights growing security risks surrounding cross-chain infrastructure, admin key management, and emerging blockchain ecosystems. Markets are also closely monitoring potential implications for projects connected to Aptos and other next-generation Layer 1 networks.
#EchoProtocol #Monad #Aptos $MON $BTC #Ecoprotocol$76.7MHack
139
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බෙයාරිෂ්
පරිවර්තනය බලන්න
⚡ BREAKING NEWS !!!
ECHO PROTOCOL HACKED FOR 76 MILLION USD 🚨
Major Exploit ⚠️: Echo Protocol has suffered a severe attack resulting in approximately 76 million USD in losses.
Attack Method 🔓: The hacker minted around 1,000 unauthorized eBTC on the Monad blockchain.
Impact 💥: This is one of the largest recent hacks on the Monad ecosystem, causing significant damage to the protocol and its users.
The incident highlights ongoing security risks in early-stage DeFi projects on emerging Layer 1 blockchains. The community is awaiting further statements from the Echo Protocol team regarding compensation and security improvements.
#EchoProtocol #Monad #DeFi
$MON $ECHO
{future}(MONUSDT)
⚡ BREAKING NEWS !!!
ECHO PROTOCOL HACKED FOR 76 MILLION USD 🚨
Major Exploit ⚠️: Echo Protocol has suffered a severe attack resulting in approximately 76 million USD in losses.
Attack Method 🔓: The hacker minted around 1,000 unauthorized eBTC on the Monad blockchain.
Impact 💥: This is one of the largest recent hacks on the Monad ecosystem, causing significant damage to the protocol and its users.
The incident highlights ongoing security risks in early-stage DeFi projects on emerging Layer 1 blockchains. The community is awaiting further statements from the Echo Protocol team regarding compensation and security improvements.
#EchoProtocol #Monad #DeFi
$MON $ECHO
ECHO PROTOCOL HACKED FOR 76 MILLION USD 🚨
Major Exploit ⚠️: Echo Protocol has suffered a severe attack resulting in approximately 76 million USD in losses.
Attack Method 🔓: The hacker minted around 1,000 unauthorized eBTC on the Monad blockchain.
Impact 💥: This is one of the largest recent hacks on the Monad ecosystem, causing significant damage to the protocol and its users.
The incident highlights ongoing security risks in early-stage DeFi projects on emerging Layer 1 blockchains. The community is awaiting further statements from the Echo Protocol team regarding compensation and security improvements.
#EchoProtocol #Monad #DeFi
$MON $ECHO
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තවත් අන්තර්ගතයන් ගවේෂණය කිරීමට ඇතුල් වන්න
Binance චතුරශ්රය හි ගෝලීය ක්රිප්ටෝ පරිශීලකයින් හා එක්වන්න
⚡️ ක්රිප්ටෝ පිළිබඳ නවතම සහ ප්රයෝජනවත් තොරතුරු ලබා ගන්න.
💬 ලොව විශාලතම ක්රිප්ටෝ හුවමාරුව මගින් විශ්වාස කෙරේ.
👍 සත්යායනය කරන ලද නිර්මාණකරුවන්ගෙන් සැබෑ විදසුන් සොයා ගන්න.
විද්යුත් තැපෑල / දුරකථන අංකය
නැගී එන මාතෘකා
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72 සාකච්ඡා කරමින්
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120 සාකච්ඡා කරමින්
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4 සාකච්ඡා කරමින්
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#Top7AssetsHold92.1%OfCryptoTop100
1,894 views
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#SaudiCrudeOutputHitsLowestSince1990
1,655 views
63 සාකච්ඡා කරමින්
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#IranBlocksStraitOfHormuz
2,870 views
98 සාකච්ඡා කරමින්
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#伊朗封锁霍尔木兹海峡
2,336 views
34 සාකච්ඡා කරමින්
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#USAugustPPIRisesLessThanExpected
87,902 views
1,112 සාකච්ඡා කරමින්
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#SECApprovesNasdaqTexasCommodityTrustRule
44,093 views
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