CertiK Alert said on July 23 that the VerusCoin Ethereum bridge was hit by a security exploit, with roughly $7.53 million in assets transferred out by the attacker. According to CertiK, the issue may be tied to the bridge contract failing to properly verify whether the input amount on the Verus chain matched the actual amount paid. The security firm added that a similar issue had appeared in an incident in May. The report did not provide additional details on the attacker or recovery status.
CertiK Alert said on July 23 that the VerusCoin Ethereum bridge suffered a security exploit, and about $7.53 million in assets had already been transferred out by the attacker.
CertiK said the vulnerability may be related to the bridge contract not properly checking whether the input amount on the Verus chain matched the actual amount paid. It added that a similar issue had previously appeared in an incident in May.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
