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Token Collapses 99.95% After $26M Exploit

On Jan. 8, the Truebit protocol’s native token (TRU) plummeted 99.95% to near-zero after a $26 million exploit. Security firm Cyvers Alerts detected the anomaly when a single address siphoned approximately 8,535 ether. T...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Token Collapses 99.95% After $26M Exploit
On Jan. 8, the Truebit protocol’s native token (TRU) plummeted 99.95% to near-zero after a $26 million exploit. Security firm Cyvers Alerts detected the anomaly when a single address siphoned approximately 8,535 ether. The Anatomy of the Attack The native token of Truebit, a verification and orchestration layer for tokenized assets, collapsed by 99.95% on […]

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Ethereum is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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