Symbiosis Bitcoin Bridge Exploited, Protocol Recovers 15 BTC

Symbiosis suffered a hack on its Bitcoin bridge on September 11, resulting in the unauthorized issuance of 46.1 billion syBTC on the BNB Chain. The attacker managed to extract approximately $336,000 in WBTC. The protocol has since recovered 15 BTC, valued at roughly $1.15 million, which are now held in a multisig wallet. While the native Bitcoin bridge remains suspended, swaps have resumed through Chainflip and THORChain. Symbiosis is offering a 20% bounty for assistance in recovering the remaining funds.