New Verus-Ethereum bridge attack drains $7.5 million through flaw used in May: Blockaid

What happened

A second Verus‑Ethereum bridge exploit in two months drained $7.5 million using the same vulnerability class that was used in May, according to Blockaid.

Confirmed

Global impact / market context

The repeat attack shows the bridge’s security flaw remains unpatched, raising risk for users moving assets between Verus and Ethereum and potentially undermining confidence in cross‑chain bridges.

Analyst inference

Cross‑chain bridges have been targeted repeatedly, prompting investors to scrutinize bridge security and consider diversifying away from assets that rely heavily on such infrastructure.

Analyst inference

What to watch

1. Updates from the Verus development team on patching the vulnerability and any announced security audits. Proposed
2. Changes in transaction volume on the Verus‑Ethereum bridge, which could signal user confidence or further withdrawals. Proposed
3. Regulatory commentary on bridge security standards, as authorities may issue guidance that affects bridge operators and users. Proposed

Affected assets

• ETH — Ethereum

Evidence

• theblock.co