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Verus–Ethereum Bridge Suffers Second Exploit in Two Months, $7.54M Drained Blockaid detected a new exploit targeting the Verus–Ethereum Bri…

Verus–Ethereum Bridge Suffers Second Exploit in Two Months, $7.54M Drained Blockaid detected a new exploit targeting the Verus–Ethereum Bridge, with an attacker abusing the bridge’s import path to trigger unbacked Ethereum-side payouts and drain approximately $7.54 million in ETH, tBTC, USDC, USDT, EURC, MKR and scrvUSD. The stolen assets were subsequently converted into ETH. Blockaid said the latest attack involved the same bridge contract, entry path and vulnerability class as the approximately $11.5 million exploit in May, but was carried out by a different attacker using a new wallet. During the previous incident on May 18, the stolen assets were converted into approximately 5,402.4 ETH. The attacker later returned 4,052.4 ETH after retaining a 25% white-hat bounty, and the returned funds were redeposited into the bridge on July 8.
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