Echo Protocol Suffers $76 Million Exploit in eBTC Minting Attack on Monad

Echo Protocol suffers $76 million exploit in eBTC minting attack on Monad

The Bitcoin-focused DeFi protocol suffered an attack whereby about 1,000 unauthorized eBTC $77 million were minted on the Monad blockchain

Echo Protocol Says Unauthorized EBTC Minting On Monad Caused $816K Impact

Echo Protocol said it has identified unauthorized activity involving eBTC on Monad that resulted in unauthorized minting and related fund loss, in what the project described as an isolated incident tied to a compromised admin key on its Monad deployment. In a statement posted on X, the protocol said its investigation indicates the issue originated from a compromised admin key affecting the Monad deployment. Based on current findings, Echo said r…

Echo Protocol Exploit Sees Hacker Mint Unauthorised eBTC Worth $76.7 Million

Echo Protocol suffered a major exploit after a hacker minted nearly 1,000 unauthorised eBTC worth $76.7 million. The attacker later bridged assets to Ethereum and routed part of the funds through Tornado Cash, while the protocol team said it had regained control of the compromised admin key.

Crypto Hack Hits Echo As Monad’s eBTC Market Faces Fallout – #CryptoUpdatesGNIT

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Echo Protocol is investigating a security incident involving its bridge on Monad after crypto on-chain analysts said an attacker minted 1,000 eBTC and used part of the position to extract WBTC liquidity through Curvance. The first public alarm came from on-chain analyst DCF GOD, who wrote that Echo “may be hacked on Monad.” He added: “Someone mint…

Echo Protocol Hit by $77M eBTC Mint Exploit on Monad

Echo Protocol witnessed a major security breach on Wednesday, as a compromised administrator key on its Monad deployment allowed attackers to mint 1,000 eBTC tokens.  Exposure linked to Aptos-based liquidity pools and lending markets remained limited to roughly $71,000. ECHO price gave a decisive breakdown below the February 2026 low of $0.0055, accelerating the risk of a prolonged correction in the near-future. Echo Protocol, a Bitcoin liquidit…

Echo Protocol Exploit Freezes $73.2M In Fake EBTC

The crypto market faced another shock on Monday after the Echo protocol exploit drained hundreds of thousands of dollars from the Bitcoin-focused DeFi platform. The attack once again showed how fragile decentralized finance systems can become when smart contract vulnerabilities remain hidden. The exploit first came to light after crypto influencer DCF GOD posted warnings […]