CoinScoopSymbiosis bridge suffers $330,000 hack; bounty converted to whistleblower reward
The Symbiosis cross-chain protocol's Bitcoin bridge was exploited, allowing the hacker to mint 46.1 billion unbacked tokens and withdraw 4.3 WBTC (approximately $330,000). While the protocol recovered 15 BTC, the hacker rejected the initial white-hat offer. Symbiosis has now shifted the 20% bounty to a whistleblower reward for information leading to asset recovery.
Summaries are written by AI from the original article. Not investment advice.