Svmuu Svmuu News Monad co-founder Keone Hon posted on the X platform, stating that the team has noted a security incident related to eBTC on EchoProtocol. Security researchers are currently investigating the matter. The Monad network itself has not been affected and is operating normally.
Additionally, a preliminary review by security researchers determined that this exploit targeting EchoProtocol's eBTC has resulted in the theft of approximately $816,000 in assets.