Symbiosis says recovered 15 BTC from bridge hack, offers 20% bounty
Summary
Symbiosis recovered 15 Bitcoin, worth about $1.1 million, from a Friday exploit targeting its native Bitcoin bridge. The recovered BTC was moved to a team-controlled multisig wallet, and other routes remain operational, though the bridge is still paused. Blockaid said the attacker minted 46.1 billion unbacked tokens but only netted 4.3 WBTC, about $336,000. Symbiosis has not explained how the recovered BTC relates to the attacker’s realized proceeds. The protocol is now offering a 20% bounty for information leading to additional recovery and will later disclose a compensation plan for affected liquidity providers. Final losses have not been fully disclosed.
