Crypto Hack Hits Echo: 1,000 eBTC Stolen, $76M Lost-DeFi on the Brink!

I started getting worried when I saw a post from DCF GOD, a well-known on-chain analyst. They were saying Echo might have been hacked on Monad. Apparently, someone created 1,000 eBTC from seemingly nowhere, then used it as collateral on Curvance to borrow a bunch of wrapped Bitcoin. They quickly bridged that borrowed Bitcoin and sent it through Tornado to hide it. I checked the Monad blockchain myself and saw a transaction showing that 1,000 eBTC transfer on May 18th at 9:21:32 PM UTC – it definitely looked suspicious.



