CriticalResolvedExploitINC-D15E87

Echo Protocol eBTC Exploit

Confidence90% · High
TypeExploit
Est. Loss$77.0M
Signals5
First DetectedMay 19, 2026, 5:26 AM
Last SignalMay 19, 2026, 12:00 AM

Overview

Admin private key compromise allowed attacker to mint 1,000 eBTC.

Echo Protocol suffered a $77M exploit via admin key compromise, resulting in unauthorized minting of 1,000 eBTC.

Protocols
Echo ProtocolCurvance
Chains
MonadEthereum
Assets
eBTCwBTCETHEBTCWBTCHYPEBTC

Resolution · May 19, 2026, 12:00 AM

An attacker compromised Echo Protocol's admin key on Monad, minted ~$76.7M eBTC but only extracted ~$816K before the team regained control and burned the remainder.

Sources & Timeline

  1. NewCointelegraph95%

    Admin private key compromise allowed attacker to mint 1,000 eBTC.

    May 19, 2026, 4:52 AMRead on Bytewit →
  2. NewCoinDesk95%

    The incident was triggered by an exploit on Echo Protocol's minting mechanism on the Monad blockchain.

    May 19, 2026, 8:42 AMRead on Bytewit →
  3. ResolvedDecrypt80%

    Exploit detected on Echo Protocol; project regained key control.

    May 19, 2026, 11:26 AMRead on Bytewit →
  4. ResolvedDecrypt90%

    Compromised admin key allowed unauthorized minting of eBTC on Monad.

    May 19, 2026, 11:13 AMRead on Bytewit →
  5. ResolvedDecrypt90%

    Admin key compromise allowed minting of eBTC, but limited DeFi liquidity on Monad prevented large extraction.

    May 20, 2026, 12:20 PMRead on Bytewit →
Echo Protocol eBTC Exploit | Bytewit Incidents