A Sudden On-Chain Crisis
According to recent blockchain monitoring data, decentralized computing protocol Truebit may have suffered a critical security breach. On January 8, an anomalous transaction on the Ethereum mainnet showed over 8,535 ETH transferred to an unknown wallet—valued at nearly $26.4 million at the time.
Token Value Nears Zero
Following the incident, the TRU token plunged across major exchanges. CoinGecko reported its price dropping to just $0.000002448, marking an almost 100% decline within 24 hours. Liquidity dried up rapidly, leaving investor confidence shattered.
- Attack occurred on January 8
- Primary loss in ETH
- No official statement from core team yet
Developer and security teams are now analyzing potential smart contract vulnerabilities. No timeline for recovery has been announced, raising broader concerns about protocol security in decentralized systems.