Echo Protocol market test puts Echo Protocol back in focus as pressure builds across crypto

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Echo Protocol has regained control of its compromised admin key after an exploit that saw unauthorized $eBTC minting on the Monad blockchain. The attacker deposited $3.45 million into Curvance, borrowed WBTC, and sent ETH to Tornado Cash. The team burned the remaining $eBTC, marking a partial resolution to the DeFi security incident. The attack was not due to a smart contract bug but an admin key compromise. Total losses are estimated at $816,000. The broader network remains unaffected. The next signal to watch is whether Echo Protocol will implement stronger admin controls to prevent future breaches.

Видео Echo Protocol market test puts Echo Protocol back in focus as pressure builds across crypto канала CryptoMarketSignal