Monad Co-creation: Monad Network is operating normally and has not been affected by the Echo security incident
By: rootdata|2026/05/19 13:43:41
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Keone Hon, co-founder of Monad, posted on the X platform that the Monad network is unaffected and operating normally, while security researchers are investigating the eBTC-related incident of the Echo Protocol. Researchers have determined that the vulnerability led to approximately $816,000 being stolen. Previously, it was reported that the Echo Protocol was attacked on the Monad chain, where hackers minted 1,000 eBTC and withdrew funds via Curvance.
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