💎Was the Truebit Protocol Hacked? 8.535 ETH Suddenly Withdrawn from the Protocol
In the early days of 2026, the blockchain security community has focused attention on an unusual transaction related to the Truebit Protocol. Real-time monitoring systems detected a large movement of Ethereum with several suspicious indicators.
🔴 Incident Details
According to on-chain data provided by security firms such as Cyvers Alerts, an unknown wallet address received nearly 8.535 ETH (valued at approximately $26–30 million depending on the moment).
Transaction Note: Notably, this transaction included the note "Truebit Protocol: Purchase".
Anomaly: Although labeled as a "buy/sell" transaction, the massive scale and the method of fund movement have led analysts to suspect this may be an exploit rather than a typical commercial activity.
🔍 Expert Analysis
Currently, the Truebit development team has not issued an official statement. However, observers are considering two hypotheses:
Smart Contract Vulnerability: The hacker may have exploited a flaw in Truebit's authentication mechanism to withdraw funds from the liquidity pool.
Market Manipulation: It's possible this was a large-scale liquidity withdrawal by a "whale" or a display error in the monitoring system.
⚠️ Investor Warning (Binance Users)
Given that the market in early 2026 remains sensitive following major hacks from 2025 (such as the Bybit incident), users should pay special attention:
Limited Interaction: Temporarily avoid connecting wallets or conducting transactions on the Truebit Protocol until safety is confirmed.
$ETH #Binance #Ethereum #CryptoSecurity #HackAlert
#Truebit