Verus Bridge Hack Drains $11.6M as Hacker Exploits Tiny $10 Cross-Chain Flaw
Key Takeaways: The attacker successfully exploited a weakness in the cross-chain validation process and stole approximately $11.58 million from Verus’ ETH bridge. According to the hacker, the transaction fees for VRSC we...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Key Takeaways:
- The attacker successfully exploited a weakness in the cross-chain validation process and stole approximately $11.58 million from Verus’ ETH bridge.
- According to the hacker, the transaction fees for VRSC were close to $10, and drained 1,625 ETH, 103 tBTC and 147,000 USDC.
- According to the security firms, the exploit is similar to the Wormhole bridge and the Nomad bridge hacks, which were made in the same manner.
Cross-chain bridge security has again been thrust into the spotlight after a new DeFi attack which resulted in the loss of over $11 million from Verus-Ethereum bridge. According to the firms involved in the incident, it was not a result of stolen keys or broken signatures, but rather an economic value invalidation flaw that was present at the critical stage of the bridge’s economic value cross-chain validation process.
Verus Bridge Exploit Empties $11.58 MillionAccording to onchain security platform Blockaid, there is an ongoing exploit targeting the Verus-Ethereum bridge. The protocol’s reserves were allegedly drained of about 1,625 ETH, 103 tBTC and nearly 147,000 USDC.
🚨 Community alert:
Blockaid’s exploit detection system has identified an on-going exploit on the @veruscoin Verus-Ethereum Bridge (https://t.co/HEwYZqFEfC).
~$11.58M drained so far.
More details in🧵
— Blockaid (@blockaid_) May 18, 2026
The researchers also estimate that the stolen funds were subsequently exchanged for more than $11.4 million worth of USD in the market place in the form of approximately 5,402 ETH.
It’s said that 1 ETH was deposited into the attacker’s wallet via Tornado Cash just prior to the attack, a technique commonly used in large attacks to cover transaction tracks in DeFi smart contracts.
Read More: $5.87M Ethereum Exploit Hits TrustedVolumes as 1inch Denies Any Protocol Breach
How the Exploit WorkedSecurity analysts say the exploit stemmed from a missing validation check inside the bridge’s import verification logic.
Cross-Chain Message Passed Validation Without Backing AssetsThe bridge has been able to successfully test notarized state roots, Merkle proofs, and hash bindings, Blockaid said. But it supposedly did not verify the existence of sufficient collateral for the payouts made on Ethereum to cover the corresponding chain operation.
Apparently a low-value transaction called Verus was created that contained a valid payout hash and set the totals of the source-side assets to almost zero. As the exported payload remained the same cryptographic hash as that expected, the bridge released the transfer request and released reserve assets.
DeFi Bridge Attacks Are Accelerating AgainIt’s the latest in a series of security issues that occurred on bridges in 2026. As crypto protocols keep adding and enhancing interoperability functions, cross-chain infrastructure has emerged as yet another top attack surface in the blockchain world.
Read More: $7.6M DeFi Exploit Rocks Rhea Finance as Hackers Manipulate Pools in Hours
If the scale of liquidity reserves held by security firms is not sufficiently large, it may be due to the fact that the verification logic between the different chains in the bridge system is extremely complex. That combination has proven to be a favorite among targets for attacks many times.
You should also note that the attack has come on the heels of another large cross-chain security breach, where THORChain was forced to admit to its own $10 million.
As per security blockchain data, DeFi hacks have already garnered hundreds of millions of dollars in losses so far this year, which includes bridge hack protocols.
The post Verus Bridge Hack Drains $11.6M as Hacker Exploits Tiny $10 Cross-Chain Flaw appeared first on CryptoNinjas.
Why this matters
Ethereum is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CryptoNinjasRelated market context
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs mo...
Aave v4 on Base draws $4.7 million in Coinbase tokenized stock deposits
Aave's integration of tokenized stocks into DeFi could reshape global finance, highlighting regulatory challenges and market volat...
Robinhood adds $25 million of Bitcoin to its own balance sheet
Robinhood is adding $25 million of Bitcoin to its balance sheet after executives previously debated whether corporate crypto holdi...
Ethereum Tests 200 Million Gas Limit On Sepolia As Glamsterdam Moves Forward
TL;DR: Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The exp...
Robinhood Puts $25 Million Of Bitcoin On Its Own Balance Sheet
TL;DR: Robinhood has added $25 million worth of Bitcoin to its corporate balance sheet, marking its first proprietary BTC holding...
Stablecoin payments startup Noah hits $38 million in seed funding
Noah's funding boost signals a strategic expansion into the US market, potentially reshaping stablecoin integration with tradition...