Symbiosis recovers 15 BTC following bridge exploit

Cross-chain protocol Symbiosis recovered 15 BTC after an attacker exploited its native Bitcoin Bridge on Sep. 11 at approximately 04:28 UTC. While the protocol secured the recovered funds in a multisig wallet, liquidity providers have yet to receive compensation terms. Security firm Blockaid reported that the attacker minted a massive amount of synthetic syBTC and converted some into WBTC. Symbiosis stated that other routes, including those on EVM chains, TRON, and TON, remain unaffected, and Bitcoin swaps through partners like Chainflip and THORChain have resumed.