The Verus Bridge was hacked for $7.54 million, marking the latest exploit to hit the cross-chain protocol that links the Verus network to Ethereum. The theft is the second known attack on the
The Verus Bridge was hacked for $7.54 million, marking the latest exploit to hit the cross-chain protocol that links the Verus network to Ethereum. The theft is the second known attack on the bridge, following an earlier breach reported in May.
Verus's Ethereum bridge was drained of roughly $7.54 million in the incident, according to reporting on the attack. For related coverage, see Wanchain Cardano Bridge Loses $13M After NIGHT Signature Inflation Exploit.
The Verus team has communicated through its official X account, which serves as the project's primary channel for updates on the breach.
The attack was surfaced through independent reporting rather than a detailed post-mortem, and confirmed on-chain activity is tied to the Ethereum side of the bridge.
ON-CHAIN DATA
The full attack method, the specific assets moved, and any team response have not been detailed in the available information. Those gaps matter, because attribution and the exact exploit vector typically shape whether funds can be recovered.
Coverage from The Block framed the incident as a new attack on the Verus Ethereum bridge, consistent with the reported loss figure. Until Verus publishes a formal breakdown, the mechanism behind the breach remains unconfirmed.
This is not the bridge's first incident. Verus previously suffered an Ethereum bridge exploit reported at $11.6 million, after which the hacker returned $8.5 million in ETH under a bounty deal.
Bridges hold pooled user funds to move value between chains, which makes them repeat targets and a recurring source of large losses for traders and protocol teams.
The Verus theft landed amid a wider run of bridge attacks. Bitcoin and Ethereum-linked protocols lost a combined $35 million across multiple attacks hours apart, per CoinDesk, underscoring how concentrated the risk has become.
Similar breaches have hit other cross-chain systems, including an AFX-operated bridge that lost $24.15 million in USDC and the NIGHT bridge exploit reported at $515 million. Each incident chips away at user trust in cross-chain infrastructure.
For now, readers should watch the Verus team's official channels for a confirmed cause, an accounting of the stolen assets, and any signal on whether the attacker can be engaged for fund recovery, as happened after the project's prior exploit.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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