2026-01-11 01:22:48

Smart contract security has once again revealed major vulnerabilities. The computing verification platform Truebit was exploited by attackers a few days ago due to code flaws, resulting in a loss of 8,535 ETH, equivalent to approximately $26.36 million.

Even more concerning, the hackers were highly efficient. Just one day later, these stolen funds had already undergone large-scale money laundering through mixing protocols, making the funds almost impossible to trace. This once again exposes the two major pain points in the current DeFi ecosystem: first, that some vulnerabilities in smart contract audits still go unnoticed; second, that the existence of liquidity tools makes tracking extremely difficult.

Such incidents are happening frequently, reminding users to pay close attention to security audit reports and community feedback before participating in any DeFi protocol. Risks are always present.

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VitalikFanboy42

· 22h ago

It's the same story again... The audit report is right there, but it's still being exploited. Is that fair? Honestly, cleaning out the mixed coins in a day is truly outrageous. Truebit's performance was so embarrassing, over 8,000 ETH just gone like that? Why do the projects I support always end up crashing? Is auditing really effective? Hackers are more professional than the regular army in their efficiency. Every time they say they'll investigate the audit, the next attacked project is also audited. When will this cycle finally end?

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OfflineNewbie

· 23h ago

Here it comes again. I told you not to mess with these projects still in testing phase. Now it's all good, right? TruebitETH is gone again. Who will take the blame this time? The audit team or the developers? Mixing coins for money laundering can be done in a day. These hackers are even more professional than I am at trading coins... Contract vulnerabilities are really hard to prevent. Even the biggest projects can crash. I think these liquidity mining yields are all illusory, just waiting to be drained. Is DeFi money just used to teach the leeks a lesson? One after another, problems arise. It seems I still need to read more audit reports; otherwise, with my level, I would have lost everything long ago.

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OnlyUpOnly

· 23h ago

Here we go again, contract vulnerabilities are just like bugs—they just never seem to stop. I'm truly impressed, cleaned up in just one day. What are we chasing after? Honestly, the Truebit issue boils down to inadequate auditing. DeFi is just that annoying. Before choosing a protocol, you need to vet it yourself; you can't just listen to the project team blow smoke. That mixing coin method is really top-notch. With hackers so skilled, how desperate must regulators be? I think the problem still lies with the auditors—how can such vulnerabilities pass through the screening? The risks are definitely there, but it feels like every time it's the same script.

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TokenToaster

· 23h ago

Here we go again? The audit report is all black and white, yet loopholes can still be exploited. Truly incredible. Hackers run ten times faster than tracking, and the risk of combo attacks with mixed coins is simply unavoidable. Truebit has definitely given the entire ecosystem a lesson this time. Before entering, you really need to thoroughly understand the audit report. That's why I only engage with protocols in large ecosystems. Even small projects might seem attractive, but you have to consider whether your brain is worth it. Once funds enter the mixed coin whirlpool, it's basically like a meat bun hitting a dog—tracking is useless. $26.36 million is gone just like that. Now I have to ask who did the audit before I look at any DeFi project.

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POAPlectionist

· 23h ago

Here we go again... Did the TrueBit audit team fall asleep? The $26.36 million is just gone like that. Hackers successfully launder money in a day. This mixed coin protocol is really invincible; you can't even chase it. DeFi is like this—looks lively but actually just a big casino. I still hold my BTC steady. Every time I see these incidents, I think of those projects that claim "audited and secure," haha. That's why I never go all-in on a single protocol. Diversify your risk, brothers.

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AirdropHunter420

· 23h ago

Another one? I told you Truebit was suspicious... Sure enough, it was a scam, $26 million just disappeared, hackers handled the money laundering in a day, it's truly outrageous. Don’t talk to me about audit reports anymore; these days, audits are just so-so, and issues still happen. Last time I almost rushed in, luckily I didn’t, really grateful to those community elders for the warning. This is how the DeFi ecosystem is—risks can never be fully contained. Who still dares to touch protocols that haven't been verified by the community... I’m definitely scared now. Wait, Truebit was pretty popular before, right? Now it’s over.

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Smart contract security has once again revealed major vulnerabilities. The computing verification platform Truebit was exploited by attackers a few days ago due to code flaws, resulting in a loss of 8,535 ETH, equivalent to approximately $26.36 million.

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Smart contract security has once again revealed major vulnerabilities. The computing verification platform Truebit was exploited by attackers a few days ago due to code flaws, resulting in a loss of 8,535 ETH, equivalent to approximately $26.36 million.

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

tinder

tinder

demumu

死了么

比特币

比特币

山寨币

山寨币

山寨币

山寨币

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
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