Bootstrap Gallery
  1. Home
  2. Tech
Latest Tech News 🔥
Tech
Hacker Converts 25 Cents of Bitcoin into 46 Billion Counterfeit BTC Tokens via DeFi Bridge Exploit
In a striking illustration of how vulnerabilities in decentralized finance (DeFi) can be weaponized, a single attacker managed to transform a modest 25‑cent Bitcoin holding into an astronomical 46 billion counterfeit BTC tokens. The operation hinged on a pair of software bugs embedded within a cross‑chain bridge known as Symbiosis, a platform that enables users to move assets between disparate bl…
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 a startling incident unfolded in the decentralized finance (DeFi) ecosystem that highlighted both the promise and the perils of permissionless blockchain bridges. An individual—identified only as a hacker—started with a modest amount of Bitcoin, roughly twenty‑five U.S. cents in value, and managed to generate a staggering 46 billion fake Bitcoin‑backed tokens, known as syBTC, on the…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed a quarter‑dollar of Bitcoin into 46 billion counterfeit BTC tokens through a DeFi bridge
In early 2024 a startling exploit unfolded on a decentralized finance (DeFi) platform that highlighted both the promise and the perils of the rapidly evolving blockchain ecosystem. A single individual, armed with only a modest amount of cryptocurrency—approximately twenty‑five US cents worth of Bitcoin—managed to generate an astronomical quantity of synthetic Bitcoin tokens, known as syBTC, on a …
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 Exploit
In early 2024, the decentralized finance (DeFi) ecosystem was shaken by a dramatic exploit that turned a modest 25‑cent investment in Bitcoin into a staggering 46 billion counterfeit BTC tokens. The attack targeted a cross‑chain bridge operated by Symbiosis, a platform that enables users to move assets between different blockchain networks without relying on centralized custodians. By exploiting …
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 dramatic illustration of how a single flaw in decentralized finance (DeFi) infrastructure can be weaponised, a hacker managed to turn a modest 25‑cent investment in Bitcoin into an astonishing 46 billion counterfeit BTC tokens. The exploit was carried out on a popular cross‑chain liquidity bridge known as Symbiosis, which enables users to move assets across multiple blockchain networks witho…
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 vulnerabilities still present in decentralized finance, a single attacker managed to turn a modest investment of just twenty‑five US cents worth of Bitcoin into an astonishing 46 billion fake Bitcoin tokens on a popular DeFi bridge. The exploit hinged on two separate software bugs embedded within the bridge’s smart‑contract architecture, allowing the mal…
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 exploit surfaced on the Symbiosis decentralized finance (DeFi) bridge, a platform that enables users to move assets across multiple blockchain networks. The incident began innocently enough: an attacker deposited a modest amount of Bitcoin—just 0.25 BTC—into the bridge with the intention of swapping it for the platform’s synthetic Bitcoin token, known as syBTC. What …
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 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 worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a startling episode that underscores the growing pains of the decentralized finance (DeFi) ecosystem, a single attacker managed to turn a modest investment of just twenty‑five US cents worth of Bitcoin into an astronomical 46 billion fake BTC tokens. The exploit was carried out on a DeFi bridging platform known as Symbiosis, which facilitates the seamless transfer of assets across multiple blo…
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 early 2024, the decentralized finance (DeFi) ecosystem was shaken by a dramatic exploit that turned a modest investment of just a quarter‑dollar in Bitcoin into a staggering 46 billion fake Bitcoin tokens. The incident unfolded on a cross‑chain liquidity bridge operated by Symbiosis, a platform that enables users to move assets between different blockchain networks without relying on centraliz…
Sept. 15, 2026, 1:43 p.m.