Key Takeaways
Symbiosis recovered 15 BTC after a native bridge exploit minted trillions in fake Bitcoin, leaving liquidity providers unpaid while partner swaps resume.

According to CryptoSlate, cross-chain protocol Symbiosis recovered approximately 15 BTC following an exploit of its native Bitcoin Bridge, though affected liquidity providers remain without compensation terms. The vulnerability occurred on September 11, when an attacker exploited the bridge. Security firm Blockaid reported that the exploit minted roughly $2^{62}$ raw units of synthetic bitcoin called syBTC on BNB Chain, with about $336,000 in WBTC proceeds realized on Ethereum. Symbiosis stated that final accounting is still ongoing and that the 15 BTC recovery figure does not represent a final loss tally. While the native bridge stays paused and a 20% white-hat bounty window concludes, Bitcoin swaps routed through partners Chainflip and THORChain have returned online. Symbiosis reported that it is contacting affected liquidity providers directly to develop a compensation framework, though specific criteria and payment schedules have not yet been disclosed. Users continue to await confirmed loss figures, compensation details, and any future status updates regarding the paused native bridge.
Source & Fact-Check Note
This report is synthesized from coverage by CryptoSlate. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at CryptoSlate ↗

