In a series of alarming security breaches, three major cryptocurrency platforms have been hacked within four days, resulting in over $98 million in stolen funds. On May 15, THORChain suffered an exploit with losses exceeding $10 million. Just three days later, on May 18, the Verus-Ethereum Bridge was compromised, leading to approximately $11.5 million in stolen assets. Most recently, Echo Protocol was targeted, with the hacker minting 1,000 eBTC valued at $76.64 million and subsequently stealing 385 ETH worth $821,000. These incidents highlight ongoing vulnerabilities in the crypto space, urging users to exercise caution.
Three Major Crypto Hacks in Four Days Result in Over $98 Million Stolen
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
