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Truebit Protocol’s TRU token collapsed to near zero after the computation verification protocol confirmed a security incident involving an Ethereum smart contract. Roughly 8,535 ETH, worth about $26 million at current prices, was drained in the attack. As blockchain security firms scrambled to sound the alarm, the native TRU token plummeted nearly 100%. Truebit Reports Security Incident Truebit's team confirmed the "security incident involving malicious actors," but details on remediation remain sparse. The protocol has warned users not to interact with the affected contract until further notice. Truebit is working with law enforcement and taking all available measures to
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