Blockaid said it detected an attack involving cross-chain protocol Symbiosis on BNB Smart Chain, or BSC. According to the security firm, a transaction signed by BridgeV2 moved about 2^62 raw syBTC into a newly created externally owned account, or EOA. Blockaid said the token used 8 decimals and carried a face value of about 46.1 billion. The same beneficiary then sold roughly 4.39 WBTC on Ethereum’s Uni V4, the firm said. As of the latest update cited in the post, the attacker had already converted about $336,000 worth of WBTC into cash. The information was attributed to Blockaid’s on-chain monitoring and was published through its X account. No additional details on the exploit method or wider impact were provided in the source material.
Blockaid said it had detected an attack on cross-chain protocol Symbiosis on BNB Smart Chain.
According to Blockaid, a transaction signed by BridgeV2 transferred about 2^62 raw syBTC into a newly created externally owned account, or EOA. The firm added that the asset had 8 decimals and a face value of about 46.1 billion.
Blockaid also said the same beneficiary sold about 4.39 WBTC on Ethereum Uni V4. As of its latest update, the attacker had already cashed out roughly $336,000 in WBTC.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
