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Monad co-founder confirms network unaffected by EchoProtocol security incident.

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Monad co-founder Keone Hon confirmed on X that the network remains unaffected by the EchoProtocol security breach. The team is aware of the incident involving eBTC, and researchers are investigating. Preliminary findings suggest a theft of approximately $816,000. The Monad network is operating normally, with no disruption to services. A recent network upgrade has further strengthened its infrastructure.

Odaily Planet Daily reports: Keone Hon, co-founder of Monad, posted on X that the team has become aware of a security incident related to EchoProtocol’s eBTC. Security researchers are currently investigating the matter; the Monad network itself has not been affected and is operating normally.

Additionally, security researchers' preliminary review determined that the exploitation incident targeting EchoProtocol eBTC resulted in the theft of approximately $816,000 in assets.

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