#echo protocol

[rwatimes]

Bitcoin DeFi Platform Echo Protocol Hit By $76M Monad Exploit

Echo Protocol said that a compromised admin key had enabled unauthorized eBTC minting on its Monad deployment.

➤ Echo Protocol's Monad deployment was exploited for $76 million due to a compromised admin key, leading to unauthorized eBTC minting. ➤ The attacker laundered a portion of the funds through Tornado Cash, while Echo Protocol has since regained control of its keys and burnt the remaining unauthorized eBTC. ➤ The incident highlights the risks associated with centralized off-chain components in DeFi, prompting Echo Protocol to pause cross-chain functionality and enhance security measures.

[rwatimes]

Echo Protocol Exploited for $76.7M in Admin Key Hack

Echo Protocol loses $76.7M via admin key exploit, highlighting 2026's rising DeFi vulnerabilities as attackers target eBTC on Monad.

➤ Echo Protocol, a DeFi platform on the Monad blockchain, lost $76.7 million in synthetic Bitcoin (eBTC) due to an admin key compromise, not a smart contract flaw. ➤ The attacker minted unauthorized eBTC, laundered funds through Curvance and Tornado Cash, and still holds a significant amount of the stolen assets. ➤ This incident highlights ongoing DeFi vulnerabilities in 2026, emphasizing the critical need for robust operational security measures like multi-signature protection and minting limits.

[rwatimes]

ECHO token plunges after $76M admin key exploit hits protocol

ECHO token plunges after a $76M admin key exploit enables unauthorized eBTC minting, triggering DeFi panic, and sharp market sell-off.

➤ Echo Protocol suffered a $76M exploit due to an admin key compromise, allowing unauthorized minting of eBTC. ➤ The attacker used the unbacked eBTC to borrow assets, bridge them across networks, and launder them through privacy tools like Tornado Cash. ➤ The exploit led to a sharp plunge in the ECHO token price, DeFi panic, and the protocol halting operations for an investigation.

[rwatimes]

Echo Protocol pauses bridge after attacker mints $76M eBTC

Echo Protocol halted cross chain activity after an attacker minted nearly $76.7 million in fake eBTC and routed stolen funds through Tornado Cash.

➤ Echo Protocol has paused cross-chain activity after an attacker minted approximately $76.7 million in unauthorized eBTC on its Monad deployment. ➤ The attacker used the fake eBTC as collateral on Curvance to borrow real Bitcoin-backed assets before routing funds through Tornado Cash, with an estimated $816,000 in actual value stolen. ➤ The incident is suspected to be due to a compromised admin private key, highlighting risks associated with newly launched lending markets and single-signature admin roles.

[36crypto]

Echo Protocol Exploit Leaves Millions in Fake eBTC Sitting on Attacker Wallet

Echo attacker minted fake eBTC before draining wrapped bitcoin liquidity assets. Curvance paused affected markets while Monad investigators reviewed exploit activity details. DeFi security concerns intensified as multiple protocols suffered major exploits recently. Bitcoin-focused DeFi platform Echo Protocol suffered a major exploit Monday after attackers minted unauthorized eBTC tokens and used…

Echo Protocol Exploit Leaves Millions in Fake eBTC Sitting on Attacker Wallet

[rwatimes]

How did an attacker mint 1,000 unauthorised eBTC on Echo Protocol?

Bitcoin-focused DeFi platform Echo Protocol has suffered an exploit after an attacker minted roughly 1,000 unauthorised eBTC tokens on the protocol’s Monad deployment.According to blockchain security firm PeckShield and on-chain analytics platform Lookonchain, the attacker created around $76.7 mill…

➤ Echo Protocol experienced an exploit where an attacker minted 1,000 unauthorized eBTC tokens on its Monad deployment, valued at approximately $76.7 million. ➤ The attack was attributed to compromised admin credentials and weak access controls, allowing the attacker to gain minting privileges rather than a smart contract flaw. ➤ While the paper value of the exploit was high, realized losses were significantly lower due to limited liquidity on Monad, preventing the attacker from liquidating most of the minted tokens.

[epicstoriestime]

Personal Log: Spectrogram Artifact Recovered from Folded Time

The walls breathe now. I don’t mean metaphorically—they inhale. Plaster exhales moisture. Floors warp like lungs expanding. The sigil—○ /|\ ○—burns behind my eyelids even when I’m awake. The audio isn’t just playing back anymore. It’s reacting. I uploaded the corrupted recording—Time_Fold_Log0615.wav—into a spectral analysis tool. But what I got back wasn’t sound. It was structure. June 16,…

Personal Log: Spectrogram Artifact Recovered from Folded Time

[fivertherabbit]

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