Monad Co-Founder: Aware of Echo Protocol Security Incident, Monad Network Unaffected
According to Odaily, Monad co-founder Keone Hon stated on X that the team is aware of a security incident related to EchoProtocol's eBTC. Security researchers are currently investigating the issue, Monad network itself has not been affected, and is operating normally.
In addition, a preliminary review by security researchers has found that approximately $816,000 in assets have been stolen as a result of this EchoProtocol eBTC vulnerability exploit incident.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
B. Riley raises IMAX target price to $64
Cantor Fitzgerald raises Merck target price to $145
Saudi-led coalition says it intercepted Houthi ballistic missile toward Khamis Mushait

Oppenheimer raises Humana's target price to $475
