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Verus Bridge was hacked and lost US$7.54 million, the latest exploit incident

2026-07-24 00:15:52
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Verus Bridge was hacked and lost US$7.54 million.

Verus Bridge, a cross-chain protocol, was hacked and lost approximately US$7.54 million. This incident is the second known security breach on the bridge connecting the Verus network and Ethereum, after an attack occurred in May.

Key information about the Verus Bridge attack

According to reports, Verus's Ethereum Bridge was stolen in this incident. The attacker's activities have been recorded on the chain.

Incident history: The bridge from Verus to Ethereum was attacked, and records on the chain showed attacker activity.

Amount of damage: The stolen funds, worth US$7.54 million, were the second attack on the bridge this year.

The Verus team released the news through its official X account, which is the main channel for the project to release updated information on this incident.

How the attack was disclosed and what is currently known

The attack was first disclosed by independent reports rather than an official detailed post-event analysis report. The activity confirmed on the chain is related to the Ethereum side of the bridge.

On-chain data:

Transaction hash: 0xa1f1e6... 4eb099

Network: Ethereum (Verus Bridge Contract)

The complete attack method, specific stolen assets and any team's response measures are not detailed in the available information. These information gaps are critical because the attribution of the attack and the specific way the vulnerability is exploited often determine whether funds can be recovered.

Relevant reports characterized the incident as a new attack on the Verus Ethereum Bridge, which is consistent with the reported loss amount. Before the Verus team released a formal analysis report, the specific mechanism of the attack had not been confirmed.

This is not the first time a safety incident has occurred on the bridge. Verus had previously suffered an Ethereum Bridge attack, with reported losses of $11.6 million, and the hackers subsequently returned $8.5 million in ETH under a bounty agreement.

Impact of Verus Bridge security incidents on the crypto market

Cross-chain bridges store users 'aggregated funds and use them to transfer value between different chains, making them a target of repeated attacks and repeatedly causing huge losses to traders and protocol teams.

The theft of Verus occurred in a series of cross-chain bridge attacks. Multiple Bitcoin and Ethereum-related protocols were attacked one after another within hours, with a total loss of US$35 million, highlighting the high concentration of risk.

Similar attacks have occurred in other cross-chain systems, including a bridge that lost USDC $24.15 million, and a bridge attack that reported losses of US$515 million. Every incident erodes users 'trust in cross-chain infrastructure.

Currently, paying attention to the Verus team's official channels for reasons for confirmation, details of stolen assets, and information on whether it is possible to negotiate with attackers to recover funds will be key to understanding subsequent progress.

Disclaimer:

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