May’s DeFi Hack Tally Grows as Verus Bridge Reportedly Loses $11.58 Million
The tally of decentralized finance (DeFi) exploits in May continued to climb after the Verus-Ethereum Bridge reportedly suffered a safety breach, with attackers draining roughly $11.58 million in digital property.
Multiple blockchain safety corporations flagged the exploit on Monday, warning customers about suspicious exercise linked to the bridge.
Verus-Ethereum Bridge Reportedly Drained for $11.58 Million in May Exploit
Blockchain safety firm Blockaid flagged the exploit in a publish on X. Security researchers recognized the attacker’s externally owned account (EOA) as 0x5aBb91B9c01A5Ed3aE762d32B236595B459D5777.
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Blockchain safety platform PeckShield mentioned the attacker drained roughly 103.6 tBTC, 1,625 ETH, and 147,000 USDC from the bridge. Moreover, the stolen property had been swapped into 5,402.4 ETH, valued at round $11.4 million. The funds stay within the pockets: 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9.
“The attacker’s tackle was initially funded with 1 ETH by way of Tornado Cash ~14 hours in the past,” the post learn.
Meanwhile, the Verus loss arrives three days after THORChain halted buying and selling. A breach of 1 vault reportedly drained over $10 million in protocol-owned funds. THORChain mentioned person balances weren’t affected.
“THORChain contributors are nonetheless actively investigating the current incident alongside THORSec and exterior safety companions. More data can be shared as the investigation progresses,” the crew said.
DeFiLlama information shows that 12 DeFi protocols had been hit in May 2026 earlier than Verus. Collective losses already prime $20 million this month.
April 2026 set the yr’s benchmark, with protocols losing more than $606 million throughout 12 incidents. The KelpDAO bridge drain alone accounted for $292 million, making it 2026’s largest single hack.
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