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 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. An attacker, starting with a modest investment of just 25 US cents worth of Bitcoin, managed to generate an astronomical 46 billion synthetic Bitcoin tokens (syBTC) on the Symbiosis bridge. This figure represents more than 2,000 times …
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transforms 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a striking demonstration of how vulnerabilities in decentralized finance (DeFi) protocols can be weaponized, a hacker managed to turn a modest investment of just a quarter‑dollar in Bitcoin into an astronomical 46 billion fake BTC tokens. The attack was executed on a popular cross‑chain liquidity bridge called Symbiosis, which facilitates the movement of assets between different blockchain eco…
Sept. 15, 2026, 1:43 p.m.
Tech
A Hacker Transforms 25 Cents Worth of Bitcoin into 46 Billion Counterfeit BTC Tokens via a DeFi Bridge
In a striking episode that underscores the growing pains of decentralized finance, a lone attacker managed to turn a modest investment of roughly twenty‑five U.S. cents in Bitcoin into an astronomically inflated supply of fake Bitcoin tokens. By exploiting two separate software vulnerabilities in a popular cross‑chain liquidity bridge, the hacker was able to mint more than 46 billion synthetic Bi…
Sept. 15, 2026, 1:43 p.m.
Tech
A cybercriminal transformed $0.25 worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
None
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 turned a modest investment of just twenty‑five US cents worth of Bitcoin into an astronomical amount of counterfeit Bitcoin tokens. The attacker leveraged a combination of two separate software bugs in the Symbiosis cross‑chain bridge, a platform designed to enable seamless token transfers between diff…
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 striking episode that underscores the lingering vulnerabilities of decentralized finance, a lone attacker managed to turn a modest investment of just a quarter‑dollar in Bitcoin into a staggering 46 billion fake Bitcoin tokens. The exploit was carried out on a popular cross‑chain liquidity bridge, a piece of infrastructure that enables users to move assets between disparate blockchain networ…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transforms a quarter‑bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a striking episode that underscores the fragility of decentralized finance (DeFi) infrastructures, a single attacker managed to turn a modest 0.25 BTC holding into an astonishing 46 billion synthetic Bitcoin tokens (syBTC) on a cross‑chain bridge operated by Symbiosis. The incident, which unfolded over the course of several hours, was made possible by a combination of two distinct software bug…
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 shook the decentralized finance (DeFi) community when a single attacker managed to turn a modest 25‑cent holding of Bitcoin into a staggering 46 billion synthetic Bitcoin (syBTC) tokens on the Symbiosis cross‑chain bridge. The incident highlighted the fragility of complex smart‑contract systems and underscored the importance of rigorous code audits, especially fo…
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 a sophisticated attacker exploited a pair of software vulnerabilities in a popular decentralized finance (DeFi) bridging protocol, turning a modest 0.25 BTC holding into an astonishing 46 billion synthetic Bitcoin tokens (syBTC). The incident highlights the growing complexity of cross‑chain bridges, the risks associated with unchecked token minting mechanisms, and the potential for …
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 a sophisticated attacker demonstrated how a single, modest amount of cryptocurrency—just 25 cents worth of Bitcoin—could be leveraged into a staggering 46 billion fake Bitcoin tokens on a decentralized finance (DeFi) bridge. The incident, which unfolded on the Symbiosis platform, highlights the growing complexity of smart‑contract vulnerabilities and the systemic risks they pose to …
Sept. 15, 2026, 1:43 p.m.