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🚨 SECURITY INCIDENT: TRUEBIT PROTOCOL EXPLOITED
Truebit Protocol has suffered a major exploit, with attackers draining approximately $26.5 million from the platform. Following the breach, the perpetrators transferred around 8.5K ETH across multiple wallets, creating a clear trail of fund movement.
The aftermath was severe—TRU token collapsed by roughly 100%, wiping out investor value almost entirely.
What's particularly concerning is the pattern: this appears to be connected to the same attacker who targeted Sparkle Protocol approximately 12 days prior. The recurring nature of these exploits raises serious questions about vulnerability patterns in emerging DeFi protocols and the sophistication of cross-protocol attacks.
For users holding positions in emerging Layer 2 solutions and verification protocols, this serves as a stark reminder about the ongoing security risks in the ecosystem.