An active exploit on the Verus-Ethereum Bridge has resulted in $11.58 million in losses, according to security firm Blockaid.
An ongoing exploit on the Verus-Ethereum Bridge has drained $11.58 million in assets, according to security firm Blockaid. The vulnerability remains active, indicating the attack is still underway and the bridge has not yet been fully secured.
Blockaid, a blockchain security platform, flagged the exploit on May 18, 2026. The bridge—which facilitates asset transfers between the Verus blockchain and Ethereum—appears to be vulnerable to repeated exploitation, with attackers continuing to withdraw funds.
The incident highlights ongoing risks in cross-chain bridge infrastructure, which has been a persistent target for exploits in the DeFi ecosystem. Bridge vulnerabilities have historically resulted in some of the largest losses in cryptocurrency history, making this category of protocol particularly scrutinized by security researchers.
Sources: Blockaid (via X)
This article was produced with the help of AI flows.