The number of decentralized finance (DeFi) vulnerabilities in May continued to rise after the Verus-Ethereum bridge suffered a security breach, with attackers draining approximately $11.58 million in digital assets.
Several blockchain security companies reported the exploit on Monday, warning users of suspicious activity related to the bridge.
The Verus-Ethereum Bridge was reported to have been drained by $11.58 million in a May exploit
Blockchain security company Blockaid Exploitation has been flagged on Posted on
Follow us on X To get the latest news as it happens
Blockchain security platform PeckShield said the attacker drained approximately 103.6TB, 1,625 Ethereum, and $147,000 USD from the bridge. Furthermore, the stolen assets were exchanged for 5,402.4 Ethereum worth approximately $11.4 million. Funds remain in the wallet: 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9.
“The attacker’s address was initially funded with 1 ETH via Tornado Cash about 14 hours ago,” mail He reads.
Meanwhile, a virus The loss reaches three days After THORChain stopped trading. One vault hack reportedly drained more than $10 million of funds owned by the protocol. THORChain said user balances were not affected.
“THORChain contributors are still actively investigating the latest incident along with THORSec and external security partners. More information will be shared as the investigation progresses,” the team said. He said.
Devilama data He appears 12 DeFi protocols were hit in May 2026 by a virus. Collective losses already reach $20 million this month.
April 2026 set the standard for this year, With more protocols lost Over $606 million across 12 incidents. KelpDAO Bridge Depletion It alone counts $292 million, making it the largest single hack of 2026.
Subscribe to our YouTube A channel to watch leaders and journalists provide expert insights
this post May’s DeFi Hack balance rose as Verus Bridge reportedly lost $11.58 million appeared first on BeInCrypto.
