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The Bitcoin DeFi project Echo fell victim to an exploit on Monday. Blockchain security platform Lookonchain shows a hacker minted 1,000 eBTC ($76.64M) on Monad, and then collateralized 45 eBTC on ...
Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain. Blockchain security firm ...
Echo Protocol is the latest decentralized finance (DeFi) platform to be hacked, suffering an exploit worth around $77 million. The Bitcoin-focused DeFi protocol suffered an attack in which about 1,000 ...
The Echo Protocol exploit on Monad minted 1,000 fake eBTC worth $76.7M — no code was broken, just one stolen admin key. The attacker borrowed real WBTC against the fake collateral, routed $822K ...
The hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC. Decentralized finance protocol Echo Protocol was exploited after an attacker ...
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