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Bitcoin Bridge Hack: Billions in Tokens Minted Illegally
A hacker exploited Symbiosis’s Bitcoin bridge to mint billions of unbacked syBTC tokens, cashing out significant funds. This incident follows similar issues with Liquid and Nomic, highlighting ongoing security risks in cross-chain bridges.
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Circle’s cirBTC: Competing with Coinbase and BitGo
Circle is set to launch cirBTC, a wrapped Bitcoin targeting institutional investors. Discover how this challenges BitGo and Coinbase and what it means for the crypto market.
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Circle Launches cirBTC: A New Wrapped Bitcoin Product
Circle has launched cirBTC, a new wrapped Bitcoin token designed for institutions. Discover its features and how it enhances access to Bitcoin in DeFi.