Episode Details
Back to Episodes
Echo Protocol Hack: $76M Lost, Admin Keys Recovered
Description
Echo Protocol, a decentralized finance platform, suffers a major exploit, losing $76 million. The attacker minted eBTC tokens, borrowed wrapped Bitcoin, and sent funds through Tornado Cash. Echo Protocol regained control of admin keys, burned remaining eBTC, paused cross-chain functionality, and suspended Aptos bridge operations. This incident underscores the security challenges in DeFi, following recent hacks on Drift and KelpDAO.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/d5614552d1037cb2