security
Symbiosis recovers 15 BTC from bridge hack, offers 20% bounty
Symbiosis has recovered 15 Bitcoin (BTC) from a recent bridge hack and is offering a 20% bounty for information leading to the recovery of additional stolen assets.
AS1 NewsSource: cointelegraph.com
Symbiosis, a decentralized finance (DeFi) protocol, announced that it has recovered 15 BTC following a recent bridge hack. The protocol is now offering a 20% bounty for any information that can lead to the recovery of the remaining stolen funds. The hacker involved in the incident refused to return the stolen assets in exchange for a white-hat bounty, prompting Symbiosis to pursue alternative recovery measures. This event highlights ongoing security challenges within DeFi protocols and the importance of robust bridge security. The recovered assets are part of the protocol's efforts to maintain user trust and demonstrate resilience against malicious attacks.
The recovery of stolen assets and bounty offer underscore ongoing security concerns and active response measures within the DeFi ecosystem.