Echo Protocol joins THORChain and Verus as the number of hackers in May reaches 14

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It exposes the ICO protocol to a security hole on Monad, where the attacker made 1,000 withdrawals of approximately $76.64 million.

اوقف كرفانس السوق العربية بيلم علق تركويل إيكو جميع المعادة عبر السلال. raising the total number of cryptocurrency mining operations in May to 14.

How did the process of exploiting the EICO protocol work?

اشار المحلل ون-تشين دي سي إف جود first to the accident قام بيكشيلد follow money laundering. سك المحاجم 1 000 بيتكوين.

The user deposited 45 and $3.45 million worth of bitcoins in cash, then took 11.29 and 11 million pounds (WBTC), transferred the funds to Ethereum, then exchanged them for Ethereum (eth).

I sent the wallet after that 384 Ethereum To Tornado Cash. Karfans posted an update on the situation on X.

قال منشتو كرفانس: at 6:00 PM بتوقيت الساحل الشرقي roughly, almost, almost, تاجواج خلل تم کلل تم دوستوه في سوق ي بتكوين على كرفانس. So far, there are no indications of a search for smart caravans. Due to the completely isolated market design in Karfans, no other markets were affected. Out of an abundance of caution, the affected market is temporarily suspended while our team continues to work with partners in the system.

The protocol also confirmed the incident on the X platform and suspended all transactions through the investigation. The team explained that it will send updates through its official channels.

Follow us on X To get the latest news as it happens

We are currently investigating a security incident impacting the Echo bridge in Monad. All cross-chain transactions remain suspended while the investigation is ongoing.

We will continue to provide timely updates through our official channels as more information becomes…

– Echo Protocol (@EchoProtocol_) May 19, 2026

Monad CEO Keon Hoon explained that the flaw did not affect the Monad network.

He said that the security researchers in their review decided that about $816,000 was stolen.

The use of this protocol is the third biggest challenge in the financing of the country. اقدت ثور تشين عقدة A gap in the wardrobe today On May 15, more than $10 million was withdrawn.

Security researchers were informed about the exploitation of the ethereum virus after three days, where it destroyed about 11.58 million dollars of digital assets. The series of ongoing security risk violations across the decentralized finance (DeFi) sector stands out.

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