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Symbiosis exploit exposes Bitcoin bridge risk without touching Bitcoin itself

Covered by 1 source · 1 article

Symbiosis shut down its native Bitcoin bridge on Friday after an attacker exploited its BridgeV2 contract to mint a huge amount of unbacked synthetic BTC. Yet the attacker managed to extract only about $336,000 in real value. The importance…

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Symbiosis exploit exposes Bitcoin bridge risk without touching Bitcoin itself
Cryptopolitan 30m ago

Symbiosis exploit exposes Bitcoin bridge risk without touching Bitcoin itself

Symbiosis shut down its native Bitcoin bridge on Friday after an attacker exploited its BridgeV2 contract to mint a huge amount of unbacked synthetic BTC. Yet the attacker managed to extract only about $336,000 in real value. The importance…

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