{"id":29448,"date":"2026-05-18T15:34:00","date_gmt":"2026-05-18T14:34:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=29448"},"modified":"2026-05-18T14:36:58","modified_gmt":"2026-05-18T13:36:58","slug":"verus-ethereum-bridge-hack","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/verus-ethereum-bridge-hack\/","title":{"rendered":"Verus Ethereum bridge hacked: $11 Million stolen in DeFi exploit"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-verus-ethereum-bridge-drained-what-happened\">The Verus-Ethereum Bridge Drained: What Happened?<\/h2>\n\n\n\n<p><a href=\"https:\/\/investx.fr\/en\/crypto-news\/\">Crypto<\/a> bridge security is once again being called into question. Early this morning, blockchain security firms <strong>Blockaid<\/strong> and <strong>PeckShield<\/strong> sounded the alarm: the <strong>smart contract<\/strong> of the Verus-<a href=\"https:\/\/investx.fr\/en\/crypto-news\/ethereum\/\">Ethereum<\/a> bridge suffered a critical vulnerability. The attacker successfully managed to massively <strong>drain<\/strong> the protocol&#8217;s reserves, seizing <strong>103.6 tBTC, 1,625 ETH, and 147,000 USDC.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw\">#PeckShieldAlert<\/a> The <a href=\"https:\/\/twitter.com\/VerusCoin?ref_src=twsrc%5Etfw\">@veruscoin<\/a> Verus-Ethereum Bridge has been drained for 103.6 <a href=\"https:\/\/twitter.com\/search?q=%24tBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$tBTC<\/a>, 1.625K <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>, and 147K <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a>.<br><br>The exploiter swapped the stolen assets for 5,402.4 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> (~$11.4M), which currently sits in 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9.<br><br>The attacker\u2019s address\u2026 <a href=\"https:\/\/t.co\/DK0CDUAcqb\">https:\/\/t.co\/DK0CDUAcqb<\/a> <a href=\"https:\/\/t.co\/NMa8abhaTH\">pic.twitter.com\/NMa8abhaTH<\/a><\/p>&mdash; PeckShieldAlert (@PeckShieldAlert) <a href=\"https:\/\/twitter.com\/PeckShieldAlert\/status\/2056194168385642881?ref_src=twsrc%5Etfw\">May 18, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Subsequently, the stolen funds were quickly converted into over <strong>5,400 ETH,<\/strong> worth approximately <strong>$11.4 million<\/strong>, before being stored in a single address. Disturbingly, the hacker&#8217;s wallet had been funded via <strong>Tornado Cash<\/strong> barely 14 hours before the attack began, proving careful premeditation.<\/p>\n\n\n\n<p>Faced with this hemorrhage, the project teams are trying to plug the breach, but the damage is done. This type of <strong>hack<\/strong> serves as a stark reminder of how interoperability protocols remain prime targets for cybercriminals. KelpDAO and LayerZero have already paid the price. Ultimately, this also calls into question the structure of the Ethereum blockchain with its numerous L2s, which necessitate these interoperability protocols governed by smart contracts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"defi-under-fire-a-bloody-month-of-may\">DeFi Under Fire: A Bloody Month of May<\/h2>\n\n\n\n<p>This new hack is part of an alarming trend for DeFi security in this month of May 2026. Just three days ago, the renowned <strong>THORChain<\/strong> protocol had to suspend trading after one of its <strong>liquidity pools<\/strong> was siphoned of $10 million.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The 2026 bridge hacks so far:<br><br>\u2022 Drift \u2014 $285M<br>\u2022 Kelp DAO \u2014 $292M<br>\u2022 TrustedVolumes \u2014 $6.7M<br>\u2022 THORChain \u2014 $10M (yesterday)<br>\u2022 TAC \u2014 $2.8M<br>\u2022 ZetaChain \u2014 $334K<br>\u2022 Aurellion \u2014 $456K<br>\u2022 Verus \u2014 $11.58M (right now)<\/p>&mdash; Jesus Martinez (@JesusMartinez) <a href=\"https:\/\/twitter.com\/JesusMartinez\/status\/2056212735025725920?ref_src=twsrc%5Etfw\">May 18, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to recent data from PeckShield, <strong>exploits<\/strong> linked to crypto bridges have already cost an astronomical <strong>$328.6 million<\/strong> since the beginning of the year. These infrastructures concentrate massive volumes of capital while relying on complex code, thereby multiplying attack vectors.<\/p>\n\n\n\n<p>While the market was hoping for a peaceful May, these repeated vulnerabilities are sending a chill through institutional investors. Confidence in <strong>cross-chain<\/strong> solutions is eroding, pushing some players to turn toward alternatives deemed safer, to the detriment of the ecosystem&#8217;s overall liquidity. The hellish drop of the ZRO token is proof of this. Trust must be regained quickly, and smart contract auditing needs to be overhauled.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"are-crypto-bridges-doomed-to-disappear\">Are Crypto Bridges Doomed to Disappear?<\/h2>\n\n\n\n<p>Cross-chain bridges are supposed to be the glue of Web3, but they increasingly resemble Achilles&#8217; heels. Every massive <strong>exploit<\/strong> raises the same question: is the current technology fundamentally flawed? Developers are struggling to anticipate cryptographic proof manipulations and governance loopholes.<\/p>\n\n\n\n<p>Faced with this reality, the industry could well experience a major crisis in how it approaches interoperability. Native multi-chain protocols or <strong>Layer 0 networks<\/strong> could gradually replace these vulnerable bridges, thereby redefining security standards.<\/p>\n\n\n\n<p>With mounting losses and increasingly <strong>ingenious<\/strong> hackers, a crucial question arises for traders and liquidity providers. Is it still reasonable to lock cryptocurrencies in DeFi bridges, or are we witnessing the end of an era for these infrastructures?<\/p>\n\n\n\n<p>Because with the rise of AI, hackers have a new asset to further improve their strategies. The conclusion is obvious: audits are not working, while hacks of this caliber only continue to increase.<\/p>\n\n\n\n<p>With this latest incident, May is shaping up to be one of the darkest months in crypto history. Investors are now demanding native interoperability solutions (<strong>ZK-bridges<\/strong>) rather than traditional bridges.<\/p>\n\n\n\n<p><strong>Sources:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.coindesk.com\/markets\/2026\/05\/18\/yet-another-crypto-bridge-falls-victim-to-an-usd11-million-hack\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CoinDesk<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/x.com\/PeckShieldAlert\/status\/2056194168385642881\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">PeckShield<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/x.com\/JesusMartinez\/status\/2056212735025725920\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Jesus Martinez<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>Related Articles:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/kite-inj-ton-pengu-crypto-analysis\/\">KITE and INJ soar, TON and PENGU plunge: Crypto market analysis<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/ethereum-price-crash-tom-lee\/\">Why is Ethereum crashing? Tom Lee&#8217;s explanation and what&#8217;s next<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/xrp-intesa-investment\/\">XRP: How high will it soar after Intesa&#8217;s investment?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Verus-Ethereum bridge suffered a major hack, resulting in $11 million in losses. Learn about the DeFi exploit and its impact.<\/p>\n","protected":false},"author":32,"featured_media":29447,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":"crypto-news\/verus-ethereum-bridge-hack"},"categories":[14,10],"tags":[],"class_list":["post-29448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Verus Ethereum bridge hacked: $11 million stolen<\/title>\n<meta name=\"description\" content=\"The Verus-Ethereum bridge suffered a major hack, resulting in $11 million in losses. 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Je suis \u00e9galement form\u00e9 au trading et \u00e0 l\u2019analyse technique depuis plus d\u2019un an sur le march\u00e9 des cryptomonnaies, mais \u00e9galement sur le forex et les m\u00e9taux pr\u00e9cieux comme l\u2019or ou le silver. J\u2019ai obtenu un dipl\u00f4me de la Crypto Academy sur les fondamentaux techniques du Bitcoin et poss\u00e8de une exp\u00e9rience de plus de 5 ans dans le journalisme et l\u2019\u00e9criture d\u2019articles p\u00e9dagogiques. J\u2019ai notamment \u00e9crit de nombreuses masterclass pour \u00e9duquer les nouveaux venus dans l'industrie et plus de 10 000 articles et news.J\u2019ai \u00e9galement pu interviewer de nombreux fondateurs et cr\u00e9ateurs de projets dans la crypto comme Marc Lebreton (chef marketing de la blockchain SUI), EJ Ayala (Coinbase US et Draftkings), et d\u2019autres projets comme Polyhedra (Eric Vreeland), Usual (Adli Takkal Bataille), ou encore Humanity Protocol (Jade Gu). J\u2019ai plong\u00e9 dans la cryptomonnaie il y a plus de 3 ans et continue de mettre tout en \u0153uvre pour fournir du contenu de qualit\u00e9, avec de l\u2019expertise et la neutralit\u00e9 attendue d\u2019un journaliste. Retrouvez moi aussi sur X pour des analyses et sur Linkedin pour me contacter.","sameAs":["https:\/\/www.linkedin.com\/in\/charles-ledoux-508392239\/","https:\/\/x.com\/charl3li"],"url":"https:\/\/investx.fr\/en\/author\/charles-ledoux\/"}]}},"_links":{"self":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/29448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/comments?post=29448"}],"version-history":[{"count":1,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/29448\/revisions"}],"predecessor-version":[{"id":29450,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/29448\/revisions\/29450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media\/29447"}],"wp:attachment":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media?parent=29448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/categories?post=29448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/tags?post=29448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}