Bitcoin · Ethereum · CryptoSlate
Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery exits liquidity providers unpaid
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
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Cross-chain protocol Symbiosis said it recovered approximately 15 BTC after an attacker exploited its native Bitcoin Bridge, but affected liquidity providers still lack compensation terms as a Sep. 13 bounty window nears its unspecified cutoff.
Key facts
- Blockaid said the same beneficiary sold about 4.39 WBTC on Ethereum, realizing roughly $336,000 in WBTC proceeds at the time of its alert
- The vulnerability was exploited at about 04:28 UTC on Sep. 11, according to the protocol's incident statement
- Bitcoin is -0.73% over the past 24 hours and currently sits at rank # 1 by market cap
- Cross-chain protocol Symbiosis said it recovered approximately 15 BTC after an attacker exploited its native Bitcoin Bridge, but affected liquidity providers still lack compensation terms as a Sep
Summary
01 Partner Bitcoin swaps are back online, while the native Symbiosis bridge remains paused. 02 Blockaid reported about $336,000 in attacker proceeds; that is not the final loss tally. 03 Symbiosis offered a 20% bounty until Sep. 13, then the same reward for recovery leads. The vulnerability was exploited at about 04:28 UTC on Sep. 11, according to the protocol's incident statement.