Truebit Exploited for $26M as Older DeFi Protocols Face Increased Attacks

Truebit Exploited for $26M as Older DeFi Protocols Face Increased Attacks

First seen 9 Jan 2026, 22:55 UTC •PhemexFinance.Yahoo •93% similarity •31.3

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Truebit, an Ethereum-based verification protocol, was exploited for $26 million due to a bug in its code. This incident is part of a trend where attackers are increasingly targeting older decentralized finance (DeFi) protocols, following a similar exploit of $128 million from the Balancer protocol in November.

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Balancer Truebit Ethereum