Bootstrap Gallery
  1. Home
  2. Tech
Latest Tech News 🔥
Tech
A hacker transformed 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a striking example of how vulnerabilities in decentralized finance (DeFi) protocols can be exploited for massive profit, a hacker managed to turn a modest investment of just a quarter‑dollar worth of Bitcoin into a staggering 46 billion fake Bitcoin tokens. The attack was carried out on a cross‑chain bridge known as Symbiosis, which facilitates the movement of assets between different blockcha…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed 25 cents of Bitcoin into 46 billion counterfeit BTC tokens on a DeFi bridge
In early 2024 a startling security breach unfolded on a decentralized finance (DeFi) platform that highlighted the fragility of cross‑chain bridges and the potential for massive token inflation when smart‑contract code contains hidden flaws. The incident began innocently enough: an individual deposited a modest amount of Bitcoin—just a quarter of a dollar’s worth—into a bridge operated by Symbios…
Sept. 15, 2026, 1:43 p.m.
Tech
A Hacker Transformed 25 Cents of Bitcoin into 46 Billion Counterfeit BTC Tokens via a DeFi Bridge
In a startling demonstration of how even a modest amount of cryptocurrency can be leveraged into a massive financial exploit, a hacker managed to turn a mere 25 cents worth of Bitcoin into an astonishing 46 billion counterfeit BTC tokens. This incident unfolded on a decentralized finance (DeFi) platform that operates a cross‑chain bridge, specifically the Symbiosis bridge, which is designed to fa…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed a quarter‑bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In early 2024, the decentralized finance (DeFi) ecosystem was shaken by a dramatic exploit that highlighted both the promise and the perils of cross‑chain bridges. A single attacker, starting with a modest holding of just 0.25 BTC, managed to generate an astonishing 46 billion fake Bitcoin‑pegged tokens—known as syBTC—on the Symbiosis bridge. This episode not only underscores the technical comple…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed a quarter‑bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a striking episode that underscores the lingering vulnerabilities of decentralized finance, a single attacker managed to turn a modest 0.25 BTC holding into an astronomically inflated supply of 46 billion fake Bitcoin‑equivalent tokens. The exploit was carried out on a cross‑chain liquidity bridge known as Symbiosis, a platform that enables users to move assets between different blockchain eco…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In early 2024, the decentralized finance (DeFi) ecosystem was shaken by a dramatic exploit that highlighted both the promise and the perils of cross‑chain bridges. A single attacker, starting with a modest investment of just a quarter‑dollar worth of Bitcoin, managed to generate an astronomical quantity of fake Bitcoin tokens—approximately 46 billion syBTC—by exploiting vulnerabilities in a popul…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a startling episode that underscores the fragility of decentralized finance (DeFi) infrastructures, a lone attacker managed to convert a modest investment of merely a quarter‑dollar in Bitcoin into an astonishing 46 billion bogus BTC tokens. The exploit was carried out on a cross‑chain liquidity bridge known as Symbiosis, a platform designed to enable seamless asset transfers between disparate…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
None
Sept. 15, 2026, 1:43 p.m.
Tech
A cybercriminal transformed a quarter‑dollar worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In early 2024, a striking exploit unfolded on the Symbiosis decentralized finance (DeFi) platform, exposing how a single attacker could turn a modest amount of Bitcoin—worth just about 25 cents at the time—into an astronomical quantity of fake Bitcoin tokens. The incident centered on the creation of 46 billion synthetic BTC tokens, designated as syBTC, on a cross‑chain bridge that was supposed to…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed a quarter‑dollar worth of Bitcoin into 46 billion counterfeit BTC tokens on a DeFi bridge
In early 2024 a startling exploit rippled through the decentralized finance (DeFi) ecosystem, highlighting both the promise and the perils of permissionless finance. An unknown attacker, starting with a modest investment of just 25 cents worth of Bitcoin, managed to generate an astronomical quantity of fake Bitcoin‑derived tokens—approximately 46 billion syBTC—by exploiting a pair of software bug…
Sept. 15, 2026, 1:43 p.m.