Symbiosis said it has recovered approximately 15 BTC and has offered the attacker a 20% white hat bounty.
1 hours ago
Cross-chain liquidity protocol Symbiosis announced that around 04:28 UTC on September 11, its Bitcoin bridge was attacked, with the perpetrator exploiting a vulnerability. BTC-related routes have been suspended. Symbiosis clarified that the incident only impacted the Bitcoin Bridge; the affected system has been isolated from other components, while other cross-chain routes (including EVM chains, TRON, TON) and Octopools remain unharmed and operational. The team has recovered roughly 15 BTC, now held in a multi-sig wallet controlled by the team. For the stolen funds, Symbiosis has issued a 20% white hat bounty to the attacker, with a deadline of September 13. If the attacker fails to return the funds, an equal proportion bounty will be offered to anyone who can assist in recovering the assets. The final loss amount is still being tallied, and the team will contact affected liquidity providers individually to develop a compensation plan. Separately, on-chain security monitoring firms noted that the incident involved Symbiosis BridgeV2 abnormally minting syBTC, leading to approximately $336,000 in WBTC losses; the relevant vulnerability is currently being resolved.
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