Cross-chain liquidity protocol Symbiosis said it recovered 15 Bitcoin, worth around $1.1 million, from a Bitcoin bridge exploit it suffered Friday.
Symbiosis said it recovered 15 Bitcoin (BTC) into a team-controlled multi-sig wallet and clarified that all routes remain operational, according to a Friday X post. The exploit affected Symbiosis’ native Bitcoin bridge, which remains paused.
The attacker’s address minted 46.1 billion unbacked tokens from the protocol’s Bitcoin bridge but realized net proceeds of 4.3 Wrapped Bitcoin (WBTC), worth $336,000, according to blockchain security company Blockaid, which flagged the exploit on Friday. The protocol has not specified how the recovered Bitcoin relates to the $336,000 in proceeds attributed to the attacker.
Symbiosis is now offering a 20% bounty to anyone who provides information that leads to asset recovery. The protocol initially offered a 20% white-hat bounty for the attacker to…
