Crimes and Fraud News

Verus-Ethereum Bridge Hacked for $11.6M

Nana K.
18 May 2026 2 min read

Analysts suspect the hacker used a forged cross-chain message or bypassed the verification logic in the contract.

The DeFi protocol Verus has suffered an attack on its cross-chain bridge to Ethereum (ETH). The attacker withdrew approximately $11.6 million in crypto assets.

Hot topic: BitMEX Co-Founder Cuts Bitcoin Price Forecast From $500K to $125K

Contents
  1. 1.How the Hack Happened
  2. 2.Context of DeFi Attacks

How the Hack Happened

According to PeckShield and Blockaid, the hacker sent a low-value transaction and triggered a contract function to mass-withdraw reserves. The attack was likely based on a forged cross-chain import payload or a bypass of the verification logic in the contract, possibly missing source-amount validation in the checkCCEValues function.

GoPlus experts noted that the attacker bypassed verification and tricked the bridge into sending funds from its reserves to the hacker’s wallet. The attacker’s address was funded through the Tornado Cash mixer approximately 14 hours before the attack.

As a result, 103.6 tBTC, 1,625 ETH$1,692.73, and 147,000 USDC$0.9996 were withdrawn. Some of the assets were quickly converted into 5,402 ETH.

The Verus team temporarily halted network operations. Developers stated that most nodes automatically disconnected after detecting anomalies. A detailed report on the vulnerability has not yet been published.

Read more: Hackers Stole $169 Million From 34 DeFi Protocols — DefiLlama Q1 Report

Context of DeFi Attacks

This marks the fifth major hack in the DeFi sector since the beginning of May. In April 2026, hackers stole a record $635M, including the attacks on Kelp DAO ($292M) and Drift Protocol ($285M).

Crypto Industry Hack Statistics: Total Value Hacked (USD), Total Value Hacked in DeFi (USD), Total Value Hacked in Bridges (USD). Screenshot as of May 18, 2026. Source: DefiLlama.
Crypto Industry Hack Statistics: Total Value Hacked (USD), Total Value Hacked in DeFi (USD), Total Value Hacked in Bridges (USD). Screenshot as of May 18, 2026. Source: DefiLlama.

Total funds lost in DeFi due to hacks have exceeded $7.7B. More than $3.2B of that amount comes from cross-chain bridge vulnerabilities alone.

Learn more: What Is Crypto Cybersecurity? The Ultimate Guide to Protecting Digital Assets

Nana K.

Crypto journalist and content creator specializing in market analytics, regulatory developments, and the social impact of cryptocurrency. With experience at BeInCrypto and Cointelegraph, she covers both breaking news and creative…