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THORChain Lost $10.7 Million to a GG20 TSS Exploit on May 15 — Three Days Later Verus's Bridge Was Drained for $11.58 Million the Same Way Wormhole Was
Markets

THORChain confirmed on May 15 that one of its six Asgard vaults was compromised for roughly $10.7 million via a GG20 threshold-signature key-leak; on May 18, Blockaid flagged an $11.58 million drain on the Verus-Ethereum bridge caused by the same class of source-destination value-binding gap that broke Wormhole and Nomad in 2022.

·Tom Chen
Vitalik Buterin Says AI-Assisted Formal Verification Could Be the 'Final Form' of Secure Software — Even as AI Makes Hacking Easier
Tech

Ethereum's co-founder published a long essay on Sunday arguing that machine-checkable mathematical proofs, generated and verified by AI, could become the foundational security layer for blockchains, cryptography and critical internet infrastructure — even as the same AI capabilities accelerate vulnerability discovery on the offence side.

·Aubrey Swanson

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