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Echo Protocol Regains Control After Exploit
Echo Protocol said an admin key leak led to unauthorized eBTC minting on Monad, resulting in around $816,000 in losses.
The team has now:
🔹 Regained control of the compromised admin key
🔹 Burned the attacker’s remaining 955 eBTC
🔹 Paused Monad bridge functions
🔹 Upgraded related contracts to prevent further issues
Echo added that the incident currently appears limited to Monad, with no evidence of a wider compromise on Aptos. Estimated Aptos exposure is around $71,000.
Users are also being warned to avoid fake refund, claim, and recovery phishing links.