🚨 Hacker creates 46B fake BTC tokens in DeFi

A hacker exploited bugs in a DeFi bridge, generating more than 2000 times the maximum Bitcoin supply as unbacked syBTC tokens. Symbiosis reports initial losses of 9.97 BTC. 🚨

What security measures are necessary to prevent similar attacks? 👇

$BTC #CryptoSecurity

Informational content. Not financial advice.