verusbridgehack11_58m

The Verus protocol (virus) faced a massive security breach in decentralized finance. The cyber attack targeted the cross-chain bridge between the Verus and Ethereum networks. This operation resulted in the theft of crypto assets estimated at around $11.58 million.
The hacker relied on the principle of 'payload forgery' to successfully make the system generate a mathematically valid cryptographic proof for a fictitious financial value of zero, and the attack was executed with precision through 5 sequential stages.