TrueBit on-chain exploit drains 8,535 ETH worth about $26.4 million on Ethereum
On January 9, the TrueBit computation scaling protocol suffered an on-chain exploit that resulted in the loss of approximately 8,535 ETH, valued around $26.4 million. The attack targeted TrueBit contracts on Ethereum and moved funds from affected addresses to wallets controlled by the attacker, while the team has not yet released a full technical post-mortem. Ethereum's market reaction has been limited so far, with price data indicating only moderate impact despite ongoing concerns over DeFi protocol security.