An ongoing exploit on the Verus-Ethereum Bridge has drained $11.58 million in assets, according to security firm Blockaid. The vulnerability remains active, indicating the attack is still underway and the bridge has not yet been fully secured.

Security firms have flagged a live exploit targeting the Verus-Ethereum bridge, with losses already reaching approximately $11.6 million.

Peckshield flagged that the Verus-Ethereum bridge has been drained for 103.6 tBTC, 1,625 ETH, and 147,000 USDC.