September 15, 2026, 13:43 UTC
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A hacker used two software bugs in Symbiosis’ Bitcoin Bridge to mint about 46.1 billion unbacked syBTC from a 330-satoshi deposit. Symbiosis estimated preliminary losses at 9.97 BTC, took the bridge offline, and said it will compensate affected users while rewriting and auditing the system.
Source: https://whale-alert.io/stories/95e7019f3d6bc3/Hacker-exploits-Symbiosis-Bitcoin-bridge-bugs-to-mint-461-billion-fake-syBTC-from-tiny-BTC-deposit
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.
📉 📉 📉
A hacker used two software bugs in Symbiosis’ Bitcoin Bridge to mint about 46.1 billion unbacked syBTC from a 330-satoshi deposit. Symbiosis estimated preliminary losses at 9.97 BTC, took the bridge offline, and said it will compensate affected users while rewriting and auditing the system.
Source: https://whale-alert.io/stories/95e7019f3d6bc3/Hacker-exploits-Symbiosis-Bitcoin-bridge-bugs-to-mint-461-billion-fake-syBTC-from-tiny-BTC-deposit
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.
