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A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge

A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridgeWorldPing

Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97 BTC.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

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Brief by WorldPing · Original reporting by Bitcoin Magazine