Token Collapses 99.95% After $26M Exploit

On Jan. 8, the Truebit protocol's native token (TRU) plummeted 99.95% to near-zero after a $26 million exploit. Security firm Cyvers Alerts detected the anomaly when a single address siphoned approximately 8,535 ether. The Anatomy of the Attack The native token of Truebit, a verification and orchestration layer for tokenized assets, collapsed by 99.

Source: news.bitcoin.com

Related symbols: TRUUSD