A cross-chain bridge connecting Verus and Ethereum was exploited, resulting in losses exceeding $11 million. The vulnerability was similar to previous bridge exploits such as Wormhole and Nomad, according to Blockaid. The issue arose from inadequate verification processes that failed to ensure source-chain parameters matched Ethereum-side payment data. Blockaid noted that the flaw could potentially be rectified with approximately 10 lines of code.
Following the attack, some Verus block-producing nodes went offline, causing a temporary halt in block production. The incident highlights ongoing security challenges in cross-chain bridge technologies.
Verus–Ethereum Bridge Exploited for Over $11 Million
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