⚠️ALERT: ANOTHER MAJOR HACK STRIKES CRYPTO; $76M EXPLOIT HITS MONAD
Echo Protocol on $MON was reportedly exploited after an attacker minted 1,000 eBTC worth roughly $76.6M, as per Lookonchain.
The hacker allegedly used part of the funds as collateral on Curvance to borrow WBTC, bridged assets to Ethereum, swapped them into $ETH , and routed roughly 385 ETH through Tornado Cash.
The attacker still reportedly controls around 955 eBTC worth over $73M.
This now marks the THIRD major crypto exploit in just 4 days!
Ecoprotocol$76.7MHack