ECHO Token Crashes Double Digits After Massive Echo Protocol Exploit

Bitcoin-focused DeFi protocol Echo Protocol was exploited on Monday in the latest security breach to hit the DeFi sector this month. The attack was first flagged by pseudonymous crypto influencer DCF GOD on X at around 5:55 p.m. ET. The exact cause of the incident has not yet been identified. Echo Protocol Exploit Findings by Onchain Labs reveal that the attacker allegedly minted 1,000 eBTC worth about $76.7 million …