$EBTC SECURITY INCIDENT PUTS DEPLOYMENT RISK IN FOCUS ⚠️

Echo Protocol reported unauthorized activity in the Monad deployment of $EBTC, leading to abnormal minting and approximately $816,000 in affected assets. The team said Monad itself remains operational, the administrator key has been regained, and remaining attacker-held $EBTC was burned.

The incident appears isolated to the Monad deployment, with no current evidence of Aptos-side impact. Echo has paused related cross-chain functionality and is upgrading EVM bridge contracts and permission controls. Users should avoid unofficial claim, refund, or recovery pages.

Not financial advice. Manage your risk.

#CryptoSecurity #DeFi #web #BinanceSquare

🛡️