Verus Ethereum Cross-Chain Bridge Attacked! Blockaid Monitoring: Losses Exceed $11.58 Million

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Blockaid's vulnerability detection system has detected that Verus's (verus.io) Ethereum cross-chain bridge is currently under attack, with approximately $11.58 million in funds stolen so far. The attack is still ongoing. (Background: THORChain confirms vault was hacked with "$10.7 million in losses"! Officials urgently suspend trading, claim user funds are safe, $RUNE drops below $0.5) (Context: Hyperliquid's open scheme: wanting to break away from Circle, seven months later becomes a USDC validator node) Blockchain security firm Blockaid issued a community alert today (18th) via the X platform, stating that its vulnerability detection system has discovered that the Verus Ethereum cross-chain bridge (verus.io) is currently under attack, with approximately $11.58 million in crypto assets stolen so far. Blockaid stated that the attack is still ongoing, but the specific attack methods and types of affected assets have not yet been disclosed. Verus officials have not yet issued a formal announcement in response to this incident. 🚨 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 What is Verus? Verus is a blockchain protocol focused on decentralized identity verification and cross-chain value transfer, with a vision to enable users to truly own their identity data and digital assets. The Verus official website positions it as "The Internet of Value," emphasizing ownership rather than merely access rights. The Ethereum cross-chain bridge attacked this time is the core infrastructure connecting the Verus ecosystem to the Ethereum network. Cross-chain bridge security tested once again Cross-chain bridge security issues have been a major pain point in the crypto industry over the past few years, from the $190 million Nomad hack in 2022, the $718 million BNB Chain cross-chain bridge hack, to numerous similar incidents in recent years. As value transfer channels between different blockchain networks, cross-chain bridges often become priority targets for hackers due to smart contract vulnerabilities or private key management issues. Industry insiders point out that the attack surface of cross-chain bridges includes contract logic vulnerabilities, oracle manipulation, validator node intrusions, and multiple other layers. Development teams need to conduct comprehensive security audits and monitoring deployments when designing cross-chain bridges.

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