by: xpoolPosted on:

Echo Protocol Halts Withdrawals After $266 Million Security Breach

Echo Protocol has paused withdrawals following a major security breach resulting in the loss of over $266 million in uBTC, a token within the platform. The incident, which occurred on June 14, 2025, highlights vulnerabilities and calls for heightened attention to DeFi security protocols. The protocol is currently focusing on asset recovery efforts and implementing enhanced security measures. 💰, A bounty program will support this process.

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