📌 BTCFi protocol Echo exploited, targeting eBTC market on Monad: onchain analysts – BTCFi protocol Echo was exploited, with the attacker minting 1,000 eBTC on Monad and using it as collateral to borrow WBTC.
$BTC ,
On-chain analysts report BTCFi protocol Echo exploited on Monad: attacker minted 1,000 #eBTC as collateral to borrow WBTC, draining Echo positions. Incident under investigation; users warned to avoid the market. #BT CFi
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