$ECHO EXPLOIT SHOCKS MONAD DEFI ⚡

Echo Protocol has reportedly suffered a major exploit with losses estimated around $76 million after an attacker minted roughly 1,000 unauthorized eBTC on Monad. This is a serious security hit for early-stage DeFi on emerging Layer 1 ecosystems, with users now waiting for official updates on recovery, compensation, and security fixes.

Whales will be watching the next protocol statement closely.

Trust is the real liquidity here.

When DeFi security cracks, capital moves fast.

Not financial advice. Manage your risk.

#DeFi #CryptoSecurity #Monad #EchoProtocol #BinanceSquar

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