A second bridge exploit hit while the first recovery was still unfinished. The Verus-Ethereum bridge lost 11.58 million USD on 18 May, with the attacker converting stolen assets into 5,402 ETH. This follows the 18 April KelpDAO hack, which created roughly 195 million USD in bad debt on Aave and pulled the protocol's TVL down by over 8 billion USD. Aave has since stabilized above 15 billion USD in TVL after burning the exploiter's tokens and reopening withdrawals, but the new incident keeps cross-chain security risk in focus. Source: Cointelegraph This is not investment advice. Trading involves risk and is not suitable for everyone.
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