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Truebit suffers a hacker attack with a loss of $26.6 million, TRU tokens nearly worthless
【Blockchain Rhythm】The verification protocol Truebit in the Ethereum ecosystem experienced a serious security vulnerability this Thursday. Hackers exploited this flaw to acquire a large amount of TRU tokens at extremely low prices, directly causing the protocol to lose approximately 8,535 ETH, worth about $26.6 million.
How significant was the impact of this incident? Just look at the token performance. TRU’s price plummeted from around $0.16 to nearly $0.0000000007191 in an instant, a collapse that is almost laughable—the price essentially vanished. So far, the project’s market capitalization has become meaningless.
This vulnerability incident once again reminds DeFi participants: even the smallest code flaw is a money printer in the eyes of attackers. Truebit focuses on verification and computation, and its role in the Ethereum ecosystem is quite important. Now, with trust shattered, no one can predict how difficult the subsequent recovery will be.