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MindOfMarket
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$MONAD ECOSYSTEM GAINS HELLOTRADE MIGRATION ⚡ HelloTrade will migrate to the Monad ecosystem as it continues developing blockchain-based stock trading infrastructure. The move aligns with Monad’s focus on high-performance execution for on-chain financial markets. HelloTrade remains in Alpha testing, with further product updates and ecosystem partnerships expected later. For traders, this is a development to monitor around real-world asset access, market infrastructure, and liquidity formation rather than an immediate price signal. Not financial advice. Manage your risk. #Crypto #Monad #RWA板块涨势强劲 #Blockchain #BinanceSquare 🛡️
$MONAD ECOSYSTEM GAINS HELLOTRADE MIGRATION ⚡

HelloTrade will migrate to the Monad ecosystem as it continues developing blockchain-based stock trading infrastructure. The move aligns with Monad’s focus on high-performance execution for on-chain financial markets.

HelloTrade remains in Alpha testing, with further product updates and ecosystem partnerships expected later. For traders, this is a development to monitor around real-world asset access, market infrastructure, and liquidity formation rather than an immediate price signal.

Not financial advice. Manage your risk.

#Crypto #Monad #RWA板块涨势强劲 #Blockchain #BinanceSquare

🛡️
🚨$MON is about to choose a direction. 📈MACD just turned bullish. 📈DI+ has crossed above DI-. 📈Momentum is building across nearly every indicator. But here's the most important detail: ⚠️ATR is sitting in the 98th percentile. That means a major move is likely approaching. Short liquidations are stacked at $0.0238 → $0.0241 But below, an even bigger trap awaits: $2.99M in long liquidations around $0.0222. With the ceasefire announcement easing macro pressure, the market now has a catalyst it didn't have yesterday. The question is simple: Does MON squeeze the shorts first, or hunt the longs before moving higher? 👀 🐂Short squeeze: +3% to +4% 🐻Long flush: -4% Which side of liquidity gets wiped out first? #Monad
🚨$MON is about to choose a direction.

📈MACD just turned bullish.
📈DI+ has crossed above DI-.
📈Momentum is building across nearly every indicator.

But here's the most important detail:

⚠️ATR is sitting in the 98th percentile.

That means a major move is likely approaching.
Short liquidations are stacked at $0.0238 → $0.0241

But below, an even bigger trap awaits: $2.99M in long liquidations around $0.0222.

With the ceasefire announcement easing macro pressure, the market now has a catalyst it didn't have yesterday.

The question is simple:
Does MON squeeze the shorts first, or hunt the longs before moving higher?
👀

🐂Short squeeze: +3% to +4%
🐻Long flush: -4%

Which side of liquidity gets wiped out first?
#Monad
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Bullish
$MON {future}(MONUSDT) ​📈 Perfect entry opportunity: the bullish reversal starts now! ​We've moved past the downtrend, and the technical indicators for MON are currently showing clear signals of an imminent bullish reversal from the current levels (0.02184). ​Why now? The price is in a perfect rebound zone, and entering at this point guarantees you a seat before the next upward wave takes off. ​Target: Maximize profits by seizing the opportunity right from the bottom. ​💡 Tip: Strong opportunities don't wait for the hesitant. Smart entry starts here! ​#Monad #MONUSDT #تداول #عملات_رقمية #crypto
$MON

​📈 Perfect entry opportunity: the bullish reversal starts now!

​We've moved past the downtrend, and the technical indicators for MON are currently showing clear signals of an imminent bullish reversal from the current levels (0.02184).

​Why now? The price is in a perfect rebound zone, and entering at this point guarantees you a seat before the next upward wave takes off.

​Target: Maximize profits by seizing the opportunity right from the bottom.

​💡 Tip: Strong opportunities don't wait for the hesitant. Smart entry starts here!

#Monad #MONUSDT #تداول #عملات_رقمية #crypto
Article
The Monad ecosystem is growing against the market trend!The @Monad network has seen a significant uptick in Total Value Locked (TVL), jumping over 26% in the last month to around $387 million. 📊 Interestingly, this growth comes at a time when many DeFi protocols are experiencing a liquidity downturn and a drop in TVL across the sector. What's going on? 🤔

The Monad ecosystem is growing against the market trend!

The @Monad network has seen a significant uptick in Total Value Locked (TVL), jumping over 26% in the last month to around $387 million.
📊 Interestingly, this growth comes at a time when many DeFi protocols are experiencing a liquidity downturn and a drop in TVL across the sector.
What's going on? 🤔
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Bullish
🚨 Upbit Suspends MON Deposits & Withdrawals 🇰🇷 South Korea’s biggest crypto exchange Upbit temporarily halted Monad (MON) deposits & withdrawals due to a node synchronization issue. ⚠️ What happened? • Upbit’s MON blockchain node fell out of sync • Deposits/withdrawals became unreliable • Spot trading may still continue 👀 Possible impact: • Temporary liquidity issues • Short-term MON price volatility • Users unable to move MON funds 🛠 Upbit says the technical team is working on a fix and services should resume once the network sync issue is resolved. 📢 MON holders are advised NOT to transfer funds until official confirmation from Upbit. #MON #Monad #Crypto #Upbit $MON {future}(MONUSDT)
🚨 Upbit Suspends MON Deposits & Withdrawals
🇰🇷 South Korea’s biggest crypto exchange Upbit temporarily halted Monad (MON) deposits & withdrawals due to a node synchronization issue.
⚠️ What happened?
• Upbit’s MON blockchain node fell out of sync
• Deposits/withdrawals became unreliable
• Spot trading may still continue
👀 Possible impact:
• Temporary liquidity issues
• Short-term MON price volatility
• Users unable to move MON funds
🛠 Upbit says the technical team is working on a fix and services should resume once the network sync issue is resolved.
📢 MON holders are advised NOT to transfer funds until official confirmation from Upbit. #MON #Monad #Crypto #Upbit $MON
$MON SECURITY STACK JUST LEVELED UP 🔥 Monad built an internal AI-assisted Bugfinder system to hunt and verify smart contract vulnerabilities at roughly $1000X per confirmed issue. The move lands as Monad TVL pushes past $400M, signaling fast Layer 1 traction while security pressure across crypto keeps rising. This is the kind of infrastructure signal whales track early. Aggressive scanning plus independent validation attacks the false-positive problem head-on. Strong tech narrative. Fast TVL growth. But fee generation remains thin, so stay sharp and separate hype from real usage. Not financial advice. Manage your risk. #Crypto #Monad #Layer1 #DeFi #BinanceSquar ⚡ {future}(MONUSDT)
$MON SECURITY STACK JUST LEVELED UP 🔥

Monad built an internal AI-assisted Bugfinder system to hunt and verify smart contract vulnerabilities at roughly $1000X per confirmed issue. The move lands as Monad TVL pushes past $400M, signaling fast Layer 1 traction while security pressure across crypto keeps rising.

This is the kind of infrastructure signal whales track early.
Aggressive scanning plus independent validation attacks the false-positive problem head-on.
Strong tech narrative. Fast TVL growth. But fee generation remains thin, so stay sharp and separate hype from real usage.

Not financial advice. Manage your risk.

#Crypto #Monad #Layer1 #DeFi #BinanceSquar

$MON SECURITY SHIFT AS TVL CROSSES $400M ⚠️ Monad has deployed an internal AI-assisted Bugfinder system designed to identify and independently verify smart contract vulnerabilities at roughly $1000X per confirmed issue. The rollout comes as total value locked moves above $400 million, increasing the importance of credible security infrastructure for institutional capital assessment. The key signal is not just growth, but validation quality. By separating aggressive scanning from independent verification, Monad is targeting the false-positive problem that limits many automated security tools. Still, fee generation remains thin relative to TVL, so traders should separate ecosystem traction from sustainable on-chain demand. Not financial advice. Manage your risk. #Monad #DeFi #Layer1 #Crypto 🛡️ {future}(MONUSDT)
$MON SECURITY SHIFT AS TVL CROSSES $400M ⚠️

Monad has deployed an internal AI-assisted Bugfinder system designed to identify and independently verify smart contract vulnerabilities at roughly $1000X per confirmed issue. The rollout comes as total value locked moves above $400 million, increasing the importance of credible security infrastructure for institutional capital assessment.

The key signal is not just growth, but validation quality. By separating aggressive scanning from independent verification, Monad is targeting the false-positive problem that limits many automated security tools. Still, fee generation remains thin relative to TVL, so traders should separate ecosystem traction from sustainable on-chain demand.

Not financial advice. Manage your risk.

#Monad #DeFi #Layer1 #Crypto

🛡️
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$MON 🏎️ MON/USDT: Blockchain "Parallel EVM" Holding Strong or Entering a Dip? Unlike $ZAMA with its upward trajectory, $MON (the native token of Layer-1 Monad – a tech marvel executing parallel transactions with a billion-dollar valuation, backed by Paradigm and Coinbase Ventures) is showing a pretty tight price structure this past week with a drop of -8.58%. 🔍 In-depth Price Action Analysis (1H Chart) Brutal Liquidation Hunt: After attempting to maintain a recovery structure and reaching a short-term peak at 0.03010 USDT (on May 22), MON faced significant sell pressure from the market. The price decisively broke through old support levels, hitting a deep low at 0.02423 USDT. Wick Reversal and Bottom Accumulation: At the candle wick area of 0.02423 USDT, buying pressure (Demand) emerged, helping the price bounce back to 0.02545 USDT. The 24-hour trading volume reached over 32M MON (~828K USDT) – nearly 3 times that of ZAMA, indicating large speculative flows are actively operating in this price range. MACD Indicator: The MACD is currently sitting completely below the zero line (-0.00010), with the Signal line showing signs of flattening. This indicates that **selling pressure has temporarily stalled**, and the market is forming a new price base to reassess demand. 🔮 Scenarios & Trading Strategies for the Crew Key Support Zone: *0.02400 – 0.02450 USDT. This is the last line of defense for the bulls. If this level is breached with a long-bodied 1H candle, MON will trigger a significant stop-loss wave and aim for deeper levels. ✅Recovery Trigger Point: MON needs to breakout and close decisively above 0.02650 USDT to break the current short-term downtrend structure. #CreatorpadVN #Monad $MON {future}(MONUSDT)
$MON 🏎️ MON/USDT: Blockchain "Parallel EVM" Holding Strong or Entering a Dip?
Unlike $ZAMA with its upward trajectory, $MON (the native token of Layer-1 Monad – a tech marvel executing parallel transactions with a billion-dollar valuation, backed by Paradigm and Coinbase Ventures) is showing a pretty tight price structure this past week with a drop of -8.58%.
🔍 In-depth Price Action Analysis (1H Chart)
Brutal Liquidation Hunt: After attempting to maintain a recovery structure and reaching a short-term peak at 0.03010 USDT (on May 22), MON faced significant sell pressure from the market. The price decisively broke through old support levels, hitting a deep low at 0.02423 USDT.
Wick Reversal and Bottom Accumulation: At the candle wick area of 0.02423 USDT, buying pressure (Demand) emerged, helping the price bounce back to 0.02545 USDT. The 24-hour trading volume reached over 32M MON (~828K USDT) – nearly 3 times that of ZAMA, indicating large speculative flows are actively operating in this price range.
MACD Indicator: The MACD is currently sitting completely below the zero line (-0.00010), with the Signal line showing signs of flattening. This indicates that **selling pressure has temporarily stalled**, and the market is forming a new price base to reassess demand.
🔮 Scenarios & Trading Strategies for the Crew
Key Support Zone: *0.02400 – 0.02450 USDT. This is the last line of defense for the bulls. If this level is breached with a long-bodied 1H candle, MON will trigger a significant stop-loss wave and aim for deeper levels.
✅Recovery Trigger Point: MON needs to breakout and close decisively above 0.02650 USDT to break the current short-term downtrend structure.
#CreatorpadVN #Monad $MON
Happy Wednesday my loves😍 Still keeping an eye on Monad $MON below the pre-sale price. {future}(MONUSDT) #Monad
Happy Wednesday my loves😍

Still keeping an eye on Monad $MON below the pre-sale price.
#Monad
#MonadBlitz BA is on fire. Code, coffee, and chats that are going to change how value flows in the region. Omnichain architecture, real DeFi, and mass adoption. The future feels like today. Are you feeling it? ⚡️💎 #Monad
#MonadBlitz BA is on fire. Code, coffee, and chats that are going to change how value flows in the region. Omnichain architecture, real DeFi, and mass adoption. The future feels like today. Are you feeling it? ⚡️💎 #Monad
1. High-Performance Layer-1s & Scaling #sol #Monad These platforms are gaining traction due to their ability to handle massive transaction volumes at low costs, pushing them into the spotlight for upcoming rallies: Solana (SOL): Attracting mainstream users with strong DeFi and NFT ecosystems. Catalysts include potential ETF approvals and the highly anticipated Firedancer network upgrade. Monad: A highly scalable Layer-1 designed for fast execution, frequently highlighted as a strong candidate for substantial ecosystem $SOL {spot}(SOLUSDT) $MON {future}(MONUSDT) #Market2026 #SolanaStrong #Monad
1. High-Performance Layer-1s & Scaling
#sol #Monad
These platforms are gaining traction due to their ability to handle massive transaction volumes at low costs, pushing them into the spotlight for upcoming rallies:

Solana (SOL): Attracting mainstream users with strong DeFi and NFT ecosystems. Catalysts include potential ETF approvals and the highly anticipated Firedancer network upgrade.

Monad: A highly scalable Layer-1 designed for fast execution, frequently highlighted as a strong candidate for substantial ecosystem
$SOL
$MON
#Market2026 #SolanaStrong #Monad
🚀 $APR : Liquid Staking Momentum Back in Full Force! 📈 🟢 Direction: LONG 🟢 Entry Zone: 0.248 – 0.258 (New Structural Support Cluster) {future}(APRUSDT) 🎯 Target Objectives: 🎯 TP1: 0.266 (Immediate Pivot Reclaim) 🎯 TP2: 0.275 (Local Liquidity Pocket) 🎯 TP3: 0.290 (Macro Extension Target) 🛑 Stop Loss: 0.240 (Safety invalidation below the breakout base) High-momentum asset. Manage your position sizing and risk parameters with strict discipline. DYOR. 👇 Will $APR smash through the 0.290 target on this leg, or are we consolidating longer? Share your thoughts below! #APR #aPriori #Monad #CryptoTrading #BinanceSquare
🚀 $APR : Liquid Staking Momentum Back in Full Force! 📈

🟢 Direction: LONG

🟢 Entry Zone: 0.248 – 0.258 (New Structural Support Cluster)


🎯 Target Objectives:
🎯 TP1: 0.266 (Immediate Pivot Reclaim)
🎯 TP2: 0.275 (Local Liquidity Pocket)
🎯 TP3: 0.290 (Macro Extension Target)

🛑 Stop Loss: 0.240 (Safety invalidation below the breakout base)

High-momentum asset. Manage your position sizing and risk parameters with strict discipline. DYOR.

👇 Will $APR smash through the 0.290 target on this leg, or are we consolidating longer? Share your thoughts below!
#APR #aPriori #Monad #CryptoTrading #BinanceSquare
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Bullish
$APR is showing an impressive, high-momentum vertical expansion on the 4-hour Binance chart as referenced in "Screenshot_20260603_014010.jpg", logging daily gains of over 32%. The asset engineered a powerful breakout from its localized consolidation base, surging from a 24-hour low of 0.17200 to clear prior structural resistance waves around the 0.22000 zone. Backed by a substantial 24-hour trading volume of 208.49M APR, the price peaked at a 24-hour high of 0.24135 before printing a minor, minor cooling-off candle to trade at 0.23479. This small upper wick indicates typical short-term profit-taking at the macro resistance, but the underlying structure remains heavily dominated by bulls. Sustaining a base above 0.23000 will provide the necessary launchpad to invalidate this overhead supply and drive the asset into another explosive extension leg. Target 1: 0.25500 Target 2: 0.27000 Target 3: 0.29000 #APR #MONAD #SUI {future}(APRUSDT)
$APR is showing an impressive, high-momentum vertical expansion on the 4-hour Binance chart as referenced in "Screenshot_20260603_014010.jpg", logging daily gains of over 32%. The asset engineered a powerful breakout from its localized consolidation base, surging from a 24-hour low of 0.17200 to clear prior structural resistance waves around the 0.22000 zone. Backed by a substantial 24-hour trading volume of 208.49M APR, the price peaked at a 24-hour high of 0.24135 before printing a minor, minor cooling-off candle to trade at 0.23479. This small upper wick indicates typical short-term profit-taking at the macro resistance, but the underlying structure remains heavily dominated by bulls. Sustaining a base above 0.23000 will provide the necessary launchpad to invalidate this overhead supply and drive the asset into another explosive extension leg.
Target 1: 0.25500
Target 2: 0.27000
Target 3: 0.29000
#APR #MONAD #SUI
$MON looking weak after slipping back into the range. Momentum is fading. Possible minor bounce, but downside risk toward $0.018 remains if it fails to recover. Structure not looking strong right now. What’s your view on $MON? 👀 #MON #Monad #Crypto #Altcoins #TechnicalAnalysis
$MON looking weak after slipping back into the range.
Momentum is fading.

Possible minor bounce, but downside risk toward $0.018 remains if it fails to recover.

Structure not looking strong right now.

What’s your view on $MON? 👀

#MON #Monad #Crypto #Altcoins #TechnicalAnalysis
Verified
🚨 #Echo hacked on network #Monad for $76 million The hacker gained access to the admin key of the eBTC contract and just minted 1000 eBTC out of thin air 😶 That's about $76.6 million. Then it went classic: ⚫️ cashing out to Ethereum ⚫️ token swaps ⚫️ funneling part of the funds through Tornado Cash They managed to send 384 ETH (~$821k) there. But the Echo team reacted quickly this time. They regained control over the keys, and the 955 eBTC that were still with the attacker were simply burned. As a result, instead of a potential hole of $76 million, the actual damage amounted to about $816k. The developers stated that the Monad network itself was unharmed, but cross-chain operations were still put on pause. Some bridges and lending platforms on Aptos also temporarily halted operations. And the ECHO token, as it usually goes after the word “hack”, immediately took a dump of about -11% 😭 Ps: It already feels like in DeFi right now it's either exploits or preparation for exploits. And this is already the third major hack in the last 4 days. #Crypto #defi #Hack 👀 Follow for the hardest hacks and schemes of the crypto market without the fluff
🚨 #Echo hacked on network #Monad for $76 million

The hacker gained access to the admin key of the eBTC contract and just minted 1000 eBTC out of thin air 😶
That's about $76.6 million.

Then it went classic:
⚫️ cashing out to Ethereum
⚫️ token swaps
⚫️ funneling part of the funds through Tornado Cash

They managed to send 384 ETH (~$821k) there.

But the Echo team reacted quickly this time. They regained control over the keys, and the 955 eBTC that were still with the attacker were simply burned.

As a result, instead of a potential hole of $76 million, the actual damage amounted to about $816k.

The developers stated that the Monad network itself was unharmed, but cross-chain operations were still put on pause. Some bridges and lending platforms on Aptos also temporarily halted operations.

And the ECHO token, as it usually goes after the word “hack”, immediately took a dump of about -11% 😭

Ps: It already feels like in DeFi right now it's either exploits or preparation for exploits. And this is already the third major hack in the last 4 days.

#Crypto #defi #Hack
👀 Follow for the hardest hacks and schemes of the crypto market without the fluff
🚀 TownSquare secures $16.25 million in funding! 💰 Funding Details: • Amount: $16.25M • Lead Investors: World Liberty Financial Ecosystem Fund, OKX Ventures • Angel Investors: Monad Co-founder, a16z Asia Pacific Head, Solana / Aptos Ecosystem Investors 🎯 Background Evaluation: • The institutional lineup is quite impressive • Strong multi-chain ecosystem resources 📦 Yield product launching soon: • Supported Assets: USD1, on-chain gold, cbBTC, and other RWA • Deployment Chains: Monad, BSC, and other multi-chain 💡 Worth Noting: • RWA + yield is the current hot narrative • Multi-chain deployment covers a broader user base • Keep an eye on participation opportunities after product launch ⚠️ Note: • Be cautious of contract risks in the initial phase of new product launch • It's advisable to observe before jumping in #TownSquare #RWA #融资 #Monad #BSC
🚀 TownSquare secures $16.25 million in funding!

💰 Funding Details:
• Amount: $16.25M
• Lead Investors: World Liberty Financial Ecosystem Fund, OKX Ventures
• Angel Investors: Monad Co-founder, a16z Asia Pacific Head, Solana / Aptos Ecosystem Investors

🎯 Background Evaluation:
• The institutional lineup is quite impressive
• Strong multi-chain ecosystem resources

📦 Yield product launching soon:
• Supported Assets: USD1, on-chain gold, cbBTC, and other RWA
• Deployment Chains: Monad, BSC, and other multi-chain

💡 Worth Noting:
• RWA + yield is the current hot narrative
• Multi-chain deployment covers a broader user base
• Keep an eye on participation opportunities after product launch

⚠️ Note:
• Be cautious of contract risks in the initial phase of new product launch
• It's advisable to observe before jumping in

#TownSquare #RWA #融资 #Monad #BSC
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🚨 Another Massive Crypto Exploit Just Shook $DEFI — $77 MILLION Gone 🚨 Echo Protocol reportedly suffered a devastating attack after a compromised admin key allowed an attacker to mint nearly 1,000 unauthorized eBTC on the Monad blockchain 😳 The protocol has already paused all cross-chain transactions as investigations continue. This is another reminder that in crypto, security is EVERYTHING. One compromised key… And tens of millions can disappear overnight. As DeFi grows faster, the battle between innovation and security is becoming more intense than ever 👀 Will incidents like this slow DeFi adoption — or push protocols to become even stronger? {spot}(BTCUSDT) #defi #Monad #bitcoin #crypto #blockchain
🚨 Another Massive Crypto Exploit Just Shook $DEFI — $77 MILLION Gone 🚨

Echo Protocol reportedly suffered a devastating attack after a compromised admin key allowed an attacker to mint nearly 1,000 unauthorized eBTC on the Monad blockchain 😳

The protocol has already paused all cross-chain transactions as investigations continue.

This is another reminder that in crypto, security is EVERYTHING.

One compromised key…
And tens of millions can disappear overnight.

As DeFi grows faster, the battle between innovation and security is becoming more intense than ever 👀

Will incidents like this slow DeFi adoption — or push protocols to become even stronger?
#defi #Monad #bitcoin #crypto #blockchain
$MON CREDIT FLOWS RESET THE SETUP ⚡ Entry: 0.027 🚥 Target: 0.070 ✅ FalconX moving roughly $127M in credit tokens onto Monad adds institutional-grade liquidity to a young Layer 1 with reported TVL near $355M. TownSquare’s $100M stablecoin program further supports DeFi depth, but upside expectations should be balanced against the November 2026 unlock schedule. The setup is constructive, though execution, liquidity retention, and broader market conditions remain key. Not financial advice. Manage your risk. #Crypto #BinanceSquare #Altcoins #DeFi #Monad ✅ {future}(MONUSDT)
$MON CREDIT FLOWS RESET THE SETUP ⚡

Entry: 0.027 🚥
Target: 0.070 ✅

FalconX moving roughly $127M in credit tokens onto Monad adds institutional-grade liquidity to a young Layer 1 with reported TVL near $355M. TownSquare’s $100M stablecoin program further supports DeFi depth, but upside expectations should be balanced against the November 2026 unlock schedule. The setup is constructive, though execution, liquidity retention, and broader market conditions remain key.

Not financial advice. Manage your risk.

#Crypto #BinanceSquare #Altcoins #DeFi #Monad

Polygon
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We just added support for 1-click payments across $MON , $BERA , Sonic and Soneium on the $POL Open Money Stack.
💥 Disaster in Monad! Echo Protocol gets hacked, losing $77 MILLION in Bitcoin. #BTC 👩‍💻⚠️ 🔴 The Hit The DeFi platform Echo Protocol (specializing in Bitcoin) suffered a massive exploit in its deployment on the Monad network. The haul: **$76 million** (almost $77M) in eBTC (their wrapped version of Bitcoin). 🗝️ The Cause: a leaked key According to the team, the attack came through a compromised admin key. This allowed hackers to mint eBTC unauthorized and drain the funds. Echo Protocol confirmed it on X (Twitter): "Today we identified unauthorized activity with eBTC on Monad... our team is investigating". 🌀 Washing in Progress The stolen funds have already started moving to Tornado Cash, the cryptocurrency mixer (sanctioned in the US), in an attempt to cover their tracks. ⛔ Measures Taken · Echo Protocol froze its contract on Monad to prevent further damage. · They urge users not to interact with the affected deployment. · They have yet to confirm whether there will be reimbursements or if the vulnerability affects other chains. 📊 Market Context (current data) · BTC: $76,720 (+0.37%) · ETH: $2,115 (+0.81%) · SOL: $84.69 (+0.44%) ⚠️ Lesson for Everyone This exploit is another reminder of the risks in DeFi, especially with bridges and wrapped versions of Bitcoin. Admin keys (centralized) are a single point of failure. 💬 Your Opinion Do you think Echo Protocol will be able to recover the funds or is this another "undercover rugpull"? Would you continue using wrapped versions of BTC on new chains like Monad? Comment below. 👇 #Monad #BTC走势分析 Source: Decrypt (May 19, 2026)
💥 Disaster in Monad! Echo Protocol gets hacked, losing $77 MILLION in Bitcoin. #BTC 👩‍💻⚠️

🔴 The Hit
The DeFi platform Echo Protocol (specializing in Bitcoin) suffered a massive exploit in its deployment on the Monad network. The haul: **$76 million** (almost $77M) in eBTC (their wrapped version of Bitcoin).

🗝️ The Cause: a leaked key
According to the team, the attack came through a compromised admin key. This allowed hackers to mint eBTC unauthorized and drain the funds.

Echo Protocol confirmed it on X (Twitter): "Today we identified unauthorized activity with eBTC on Monad... our team is investigating".

🌀 Washing in Progress
The stolen funds have already started moving to Tornado Cash, the cryptocurrency mixer (sanctioned in the US), in an attempt to cover their tracks.

⛔ Measures Taken

· Echo Protocol froze its contract on Monad to prevent further damage.
· They urge users not to interact with the affected deployment.
· They have yet to confirm whether there will be reimbursements or if the vulnerability affects other chains.

📊 Market Context (current data)

· BTC: $76,720 (+0.37%)
· ETH: $2,115 (+0.81%)
· SOL: $84.69 (+0.44%)

⚠️ Lesson for Everyone
This exploit is another reminder of the risks in DeFi, especially with bridges and wrapped versions of Bitcoin. Admin keys (centralized) are a single point of failure.

💬 Your Opinion
Do you think Echo Protocol will be able to recover the funds or is this another "undercover rugpull"? Would you continue using wrapped versions of BTC on new chains like Monad? Comment below. 👇

#Monad #BTC走势分析

Source: Decrypt (May 19, 2026)
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