Verus Ethereum Bridge Hit by Suspected Exploit, Losses Estimated at $11.5M

A suspected exploit involving the Verus Ethereum Bridge has led to roughly $11.5 million in losses, according to on-chain monitors. Blockchain trackers report the attacker converted the entire haul into Ethereum (ETH), a move that could make fund recovery more difficult for the protocol team. The incident adds to a growing list of bridge breaches highlighting persistent vulnerabilities in multi-chain liquidity infrastructure. Source: Lookonchain