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Yet another crypto bridge falls victim to an $11 million hack

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#cryptocurrency#hacking#blockchain#security#Verus-Ethereum#Threshold Network#PeckShield#Phemex#Kelp DAO
Yet another crypto bridge falls victim to an $11 million hack
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The Verus-Ethereum bridge has suffered an $11 million hack, highlighting ongoing vulnerabilities in cross-chain infrastructure. The attacker stole various cryptocurrencies, including tBTC, ETH, and USDC, before converting them into ETH. This incident adds to a series of similar exploits targeting crypto bridges, which are increasingly becoming prime targets for hackers.

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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailYet another crypto bridge falls victim to an $11 million hackThe latest attack adds to growing string of cross-chain infrastructure exploits.By Omkar Godbole May 18, 2026, 4:37 a.m. 1 min readMake preferred on Verus-Ethereum bride takes a $11 million hit in a hack. (Boitumelo/Unsplash)What to know: The Verus-Ethereum bridge has been hit by $11 million hack.Attack adds to growing string of cross-chain infrastructure exploits.Blockchain security remains a perennial challenge, and crypto bridges, which enable seamless transfers between blockchains, are frequent targets for malicious actors.On Monday, the Verus-Ethereum bridge, a cross-chain bridge that lets users move value between the Verus network and Ethereum,…

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