Echo Protocol, update

Korean Alpha EN (@korean_alpha_en), May 19, 2026, 06:36 UTC

Echo Protocol, update - Echo Protocol said the eBTC unauthorized minting accident on Mond was not a Mond network problem, but an incident caused by the theft of Echo's administrator key, and the amount of damage currently identified is approximately $816K - This appears to be limited to Monad, and no infringement or loss of funds has been identified at Aptos, Echo regains control of the administrator key and burns the remaining 955 eBTC held by the attacker - In addition, as a precautionary measure, the Monad cross-chain function and the Aptos bridge are temporarily suspended, and related c…

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