Verus, an open-source blockchain network built around privacy, decentralization, and multichain infrastructure, has lost approximately $11.6 million to an ongoing exploit targeting its Ethereum bridge, according to security firm Blockaid.
🚨 Community alert:
Blockaid's exploit detection system has identified an on-going exploit on the @veruscoin Verus-Ethereum Bridge (https://t.co/HEwYZqFEfC).
~$11.58M drained so far.
More details in🧵
— Blockaid (@blockaid_) May 18, 2026
The total is expected to climb as the attack stays active. The Verus team has not commented on the reported incident so far.
Cross-chain bridges have long been a favored target for hackers due to the complexity of their smart contract architecture and the large volumes of assets they typically hold in escrow.
The Verus-Ethereum bridge, which allows users to transfer value across chains while accessing Verus-native features, joins a growing list of bridge protocols to have suffered major security breaches.
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