Symbiosis suspends Bitcoin-related swaps following security incident
Cross-chain protocol Symbiosis has temporarily disabled Bitcoin-related swap functions while deploying updates. This follows a security incident on BNB Smart Chain (BSC) where an attacker exploited the BridgeV2 operation to mint syBTC and subsequently sold approximately 4.39 WBTC on Uniswap V4, netting roughly $336,000.
Summaries are written by AI from the original article. Not investment advice.