Incident case file
Sign in to watchVerus Ethereum Bridge — Repeat import-path unbacked payout exploit
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Estimated loss
Victims identified
Investigation
Facts and investigation
Attacker: 0xCFd0A20703cD11E0b9f665e1C3F1Ef989C142D54 (Ethereum) — different attacker from May 18, 2026 first exploit
Timeline: On May 18, 2026, the Verus Ethereum Bridge suffered its first exploit ($11.58M) via the submitImports import path. The attacker accepted a 25% white-hat bounty and returned 4,052.4 ETH. On July 8, 2026, Verus redeposited the recovered ETH into the same bridge contract — without patching the underlying flaw. On July 23, 2026 at approximately 03:45 UTC, a second (different) attacker exploited the identical vulnerability: submitting a fraudulent import claim via the same submitImports path triggered the Ethereum-side contract to release bridge reserves without verifying matching value on the Verus chain. The attacker drained approximately $7.54M in a mixed basket of ETH, tBTC, USDC, USDT, EURC, MKR and scrvUSD. All assets were consolidated into ~3,916 ETH via on-chain DEX swaps and routed through Tornado Cash. Blockaid and CertiK issued alerts within minutes of the exploit. As of July 25, no official post-mortem had been published by VerusCoin, no bridge pause announcement was issued, and no recovery was reported.
Sources and coverage
- Articlecrypto.newshttps://crypto.news/verus-ethereum-bridge-hacked-again-for-7-54m-after-may-exploit/
- Articlecryptotimes.iohttps://www.cryptotimes.io/2026/07/23/verus-ethereum-bridge-exploited-again-for-7-54m-in-repeat-attack/
- Articlecoindesk.comhttps://www.coindesk.com/tech/2026/07/23/bitcoin-ethereum-linked-protocols-lose-usd35-million
- Articlecrypto-economy.comhttps://crypto-economy.com/verus-bridge-hit-again-as-7-5m-vanishes/
- Articlehacked.slowmist.iohttps://hacked.slowmist.io/
- Articledefillama.comhttps://defillama.com/hacks
- Articleetherscan.iohttps://etherscan.io/address/0xCFd0A20703cD11E0b9f665e1C3F1Ef989C142D54
- Articleetherscan.iohttps://etherscan.io/tx/0xa1f1e65c1cea4dba4ae439cd4dcdba6cc2dbda0ed1228e61f29ae9c9324eb099
- Articleetherscan.iohttps://etherscan.io/address/0x71518580f36feceffe0721f06ba4703218cd7f63
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