Truebit Protocol Hit by Suspected $26 Million Ethereum Hack

Blockchain security platform Cyvers flagged a suspicious on-chain transaction involving the Truebit Protocol, with an estimated loss of roughly $26 million.

Cyvers said its real-time monitoring systems detected an anomalous transfer in which a single address received around 8,535 ETH, labeled on-chain as “Truebit Protocol: Purchase.”

 Based on current market prices, the transaction value is estimated at approximately $26 million.