Blockchain scalability protocol TrueBit suspected of being hacked! Losses amount to as much as $26 million, and $TRU plummeted instantly.

2026-01-08 17:05:34

The blockchain scalability protocol TrueBit suspected to have been hacked, with approximately 8,535 ETH transferred abnormally, resulting in losses estimated between $26.4 million and $26.5 million.
(Background recap: North Korean hackers broke records in 2025 by stealing $2.02 billion in cryptocurrencies, with a money laundering cycle of about 45 days)
(Additional background: 120,000 BTC stolen》Bitfinex hacker couple released early: Thanks Trump, Happy New Year)

According to the latest on-chain data monitoring, the blockchain scalability protocol TrueBit is suspected to have been exploited, with about 8,535 ETH transferred abnormally, and losses estimated between $26.4 million and $26.5 million.

Truebit Protocol ( $TRU ) appears to be exploited for ~$26.5M.
An attacker called a method named “Attack” on Truebit’s Purchase contract and received ~8,500 ETH (~$26.5M).
Roughly half of the funds have already been sent to another address. @Truebitprotocol you may want to… pic.twitter.com/c2Oix1zgEn
— Obscicron (@obscicron) January 8, 2026

Blockchain security agencies have issued risk alerts regarding this incident, indicating that the attacker may have exploited existing smart contract vulnerabilities within the TrueBit protocol to extract funds. However, as of now, the TrueBit official has not released an official statement, and the actual situation remains to be further clarified.

Known for scalability solutions, once a pioneer in Layer-2

TrueBit is a protocol focused on blockchain scalability, primarily aimed at solving the high gas costs and efficiency limitations faced by public chains like Ethereum when processing complex computations. Its core design allows smart contracts to outsource large computational tasks off-chain, and through a “verification game” mechanism, ensure the correctness of the results while significantly reducing on-chain costs.

This concept was first proposed in 2017 and was regarded as one of the pioneers of Layer-2 scaling solutions. In recent years, TrueBit’s development focus has shifted toward verification layer applications, such as TrueBit Verify, which is used for cross-chain data integration and workflow verification of tokenized assets.

TRU token price halved

Following this news, according to CoinGecko data, the native token TRU of TrueBit plummeted, with the price dropping from $0.16 to $0.08.

TRU3.57%

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