#Ecoprotocol$76.7MHack
Echo Protocol Hack Overview
The Loss: Echo Protocol (on Monad) was exploited for $76.7 million.
The Cause: Hackers leaked an admin private key, capitalizing on a weak single-signature system with no timelock.
The Attack: The hacker minted 1,000 eBTC, drained funds, and washed tokens through Tornado Cash.
Current Status: Cross-chain transactions are completely suspended while security teams investigate.