Symbiosis Recovers 15 BTC After Bridge Exploit, Offers Attacker 20% Bounty
Updated — view changes (3)
· body · New information from a source
Symbiosis recovered 15 BTC after an exploit on its Bitcoin bridge that minted approximately 46.1 billion syBTC, according to Blockaid.The attacker realized only about $336,000 in proceeds, per The Block.Symbiosis is now offering a 20% bounty for information leading to asset recovery after the hacker refused to return the stolen funds for a matching white-hat bounty, Cointelegraph reported.- Cross-chain protocol Symbiosis said it recovered 15 BTC following an exploit of its Bitcoin bridge, according to The Block and Cointelegraph.
- Blockchain security firm Blockaid said roughly 46.1 billion syBTC tokens were minted during the exploit, but the attacker ultimately realized only about $336,000 in proceeds, according to The Block.
- Symbiosis is now offering the attacker a 20% bounty for returning the remaining funds, after the hacker had previously refused the same white-hat bounty offer, according to Cointelegraph.
· summary · New information from a source
Symbiosis recovered 15 BTC following a bridge exploit that minted roughly 46.1 billion syBTC, then raised its bounty offer to 20% after the attacker rejected an initial white-hat settlement.- Symbiosis says it clawed back 15 BTC from a bridge exploit and is offering the attacker a 20% bounty after the hacker rejected an earlier white-hat offer.
· headline · New information from a source
Symbiosis recovers 15 BTC from bridge exploit, raises bounty offer to 20% after attacker declines initial terms- Symbiosis Recovers 15 BTC After Bridge Exploit, Offers Attacker 20% Bounty
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Cross-chain protocol Symbiosis said it recovered 15 BTC following an exploit of its Bitcoin bridge, according to The Block and Cointelegraph.
Blockchain security firm Blockaid said roughly Blockchain security firm Blockaid said roughly 46.1 billion syBTC were minted but the attacker realized only about $336,000 in proceeds.
syBTC tokens were minted during the exploit, but the attacker ultimately realized only about Blockchain security firm Blockaid said roughly 46.1 billion syBTC were minted but the attacker realized only about $336,000 in proceeds.
in proceeds, according to The Block.
Symbiosis is now offering the attacker a Symbiosis says it recovered 15 BTC after Bitcoin bridge exploit, offers attacker 20% bounty.
bounty for returning the remaining funds, after the hacker had previously refused the same white-hat bounty offer, according to Cointelegraph.
Sources: The Block, Cointelegraph
This article is for information only and is not financial advice.
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Story so far 2 updates
- flashSymbiosis recovers 15 BTC from bridge exploit, raises bounty offer to 20% after attacker declines initial termsfirst reported · 2 sourcestheblock.co · cointelegraph.com
- storySymbiosis Recovers 15 BTC After Bridge Exploit, Offers Attacker 20% Bountyupdate · 2 sourcestheblock.co · cointelegraph.com
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