A DeFi protocol called Echo just lost $76 million in a single exploit on the Monad blockchain after an attacker minted unauthorized eBTC tokens and drained the liquidity pool before anyone could react.
That crypto news landed the same week Bitcoin held near $76,700 and Ethereum stayed flat around $2,115, which means the broader market is stable but the projects inside it are still dangerously exposed. Pepeto has stacked more than $10 million during its presale for a network with PepetoSwap and a risk scoring tool, all audited by SolidProof and guided by a former Binance expert ahead of an expected Binance listing.
Echo Protocol Loses $76 Million in eBTC Minting Exploit on Monad
The attack targeted Echo Protocol, a Bitcoin focused DeFi platform on Monad, where the attacker found a vulnerability in the minting function and created roughly 1,000 unauthorized eBTC tokens worth $76 million.
CoinDesk reported the exploit happened in a single transaction and funds were moved before the team could pause contracts. The Block added that the platform had not completed a full third party audit before going live, the latest crypto news story where skipping verification cost users everything.
Three Entries Where the Crypto News Points in Different Directions
Pepeto Is Building a Risk Scored Network With Zero Fee Swaps and a $10 million Presale
Anyone who follows crypto news about exploits and wonders whether their own tokens sit on a platform with the same vulnerability will understand why the Pepeto official website keeps drawing wallets that want safety built in from the start. The project is building a network where PepetoSwap removes all trading fees from every swap, and that no cost structure takes away the hidden drain that eats into returns on platforms that still charge per transaction.
Pepeto also runs a risk scorer that evaluates tokens ahead of every swap by reading contract code, testing pool depth, and spotting abnormal holder behavior, which means traders get a safety report before they commit a single dollar. The entire network has been audited by SolidProof, and those verified checks put Pepeto on the opposite end of the crypto news spectrum from platforms like Echo that launched without any third party review and paid the price.
The risk scorer sits as a filtered layer between the trader and the token so that every swap on PepetoSwap passes through a safety gate first, and no other network at this stage combines fee free trading with automatic contract screening in a single product. Once the network opens after the expected Binance listing, removing fees and adding built in screening at the same time could draw traders away from services that charge on every order and give no warning about bad tokens.
Staking rewards sit at 172% APY, supply totals 420 trillion tokens, and the team is led by a former Binance expert who spent years building infrastructure inside one of the largest platforms on earth. The presale has stacked more than $10 million at $0.0000001871, and the Pepeto official website tracks every wallet that locked in an entry before the listing date arrives.
Bitcoin Holds $76,700 as Halving Cycle Analysis Points to an October Bottom
Bitcoin trades near $76,700 after falling $783 from the previous session, and the crypto news around the halving cycle suggests the bottom may not arrive until October if historical patterns repeat. Strategy added another $2 billion bringing total holdings to roughly 843,738 BTC. BTC is the safest position in crypto but the return from here requires patience and heavy capital.
Ethereum Stays Flat Near $2,115 as DEX Volumes Converge With Solana
Ethereum trades near $2,115 with a $38 drop from yesterday, and the crypto news that matters most for ETH is that decentralized exchange volume has nearly matched Solana near $45 billion. That convergence proves real activity, but the price has barely moved in months. ETH remains a long term hold, but it is not the entry that delivers presale level returns.
Conclusion
The Echo exploit reminds every trader why audits and built in security matter more than speed or hype. Bitcoin and Ethereum both sit in stable positions, but neither offers the presale window where the entry price is locked and the listing has not opened. For traders who watched the Echo story and asked whether their capital sits on verified contracts.
Pepeto answers with a SolidProof audit, a risk scorer, and zero fee swaps already built. A former Binance expert runs the network build, and the expected Binance listing will open trading to wallets still deciding whether to enter before the price changes.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What is the biggest crypto news this week?
Echo Protocol lost $76 million in an eBTC minting exploit on Monad because the platform had not completed a full third party audit, reinforcing why verified security is the most important filter for any token.
How does Bitcoin look in the latest crypto news?
BTC holds near $76,700 with Strategy adding $2 billion to its holdings, but halving cycle analysis suggests the bottom may not arrive until October if historical patterns hold.
Why does the crypto news about exploits make presale audits important?
Platforms that skip audits keep losing user funds, while Pepeto passed a full SolidProof review before the presale opened, giving holders verified contract security ahead of the expected Binance listing.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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