Ethereum

public blockchain platform with programmable transaction functionality

Also known as ETH, Ξ, ethereum.org, Ethereum blockchain, Ether, Ethereum network

In the news

Verus Ethereum Bridge Drains $7.54M in Second Attack

The Verus Ethereum Bridge has been hit again, draining about $7.5 million in unbacked payouts after attackers exploited the same vulnerability, entry path, and contract as the May breach, suggesting the flaw remains unremediated. Security researchers warn that persistent cross-chain vulnerabilities threaten DeFi security and call for stronger audits, continuous monitoring, and rapid incident response; funds have also been laundered through methods like Tornado Cash in some reports.

12 sources

AFX Bridge Hack on Arbitrum Drains $24.15M

Multiple cross-chain bridge exploits hit the AFX Protocol and Verus Protocol, draining about $24.15 million from AFX's bridge and $7.5 million from Verus, highlighting ongoing risks in cross-chain infrastructure on Arbitrum. Officials confirm the Arbitrum native bridge was not compromised; the breach originated from a third-party protocol, with attackers moving funds to Ethereum and converting to ETH, as investigators from Blockaid and the Arbitrum team pursue answers.

15 sources

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Key facts

Headquarters: Switzerland
Inception: July 30, 2015
Website: https://www.ethereum.org

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