Monad network unaffected by EchoProtocol hack, says co-founder

The Monad network itself was not affected by the recent EchoProtocol hacking incident and is operating normally, Monad (MON) co-founder Keone Hon said on X. Security researchers have determined that the Echo Protocol exploit resulted in the theft of approximately $816,000 in eBTC. Onchainlands had previously reported that the Monad-based EchoProtocol was suspected of suffering an exploit.