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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 decentralized finance, a single attacker managed to turn a modest investment of just 25 cents worth of Bitcoin into an astronomical 46 billion counterfeit BTC tokens. The operation was carried out on a DeFi bridge known as Symbiosis, a platform that allows users to move assets across multiple blockchain ecosystems. While the bridge itse…
Sept. 15, 2026, 1:43 p.m.
Tech
Hacker Converts 25 Cents Worth of Bitcoin into 46 Billion Counterfeit BTC Tokens via DeFi Bridge Exploit
In a startling incident that highlights the fragility of decentralized finance (DeFi) infrastructures, a lone hacker managed to transform a modest investment of just twenty‑five U.S. cents worth of Bitcoin into an astronomical 46 billion counterfeit BTC tokens. The exploit was carried out on a DeFi bridge known as Symbiosis, a platform that enables users to move assets across multiple blockchain …
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 startling episode that underscores the growing pains of decentralized finance, a single attacker managed to turn a modest 25‑cent holding of Bitcoin into an astonishing 46 billion fake Bitcoin tokens on a popular DeFi bridge. The exploit hinged on two separate software vulnerabilities that, when combined, allowed the malicious actor to mint an astronomical quantity of synthetic Bitcoin (syBT…
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
In a dramatic illustration of how fragile decentralized finance (DeFi) can be when smart‑contract code contains hidden flaws, a single attacker managed to turn a modest investment of roughly twenty‑five U.S. cents worth of Bitcoin into a staggering 46 billion counterfeit Bitcoin‑linked tokens on the Symbiosis DeFi bridge. The exploit hinged on two separate software bugs that, when combined, allow…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed a quarter-dollar worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In the rapidly evolving world of decentralized finance, a single exploit can ripple across the entire ecosystem, exposing vulnerabilities that many believed were already well‑guarded. Recently, a striking incident unfolded that underscores just how fragile even the most sophisticated DeFi infrastructures can be. An attacker, starting with a modest investment of only 25 cents worth of Bitcoin, man…
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 startling demonstration of how quickly a modest amount of cryptocurrency can be amplified into a massive fraudulent operation, a hacker managed to turn just a quarter‑dollar worth of Bitcoin into an astonishing 46 billion counterfeit Bitcoin tokens. The attack was carried out on a decentralized finance (DeFi) bridge known as Symbiosis, a platform that allows users to move assets across multi…
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 illustration of how fragile decentralized finance (DeFi) ecosystems can be when exposed to coding oversights, a single attacker managed to turn a modest 25‑cent investment of Bitcoin into an astonishing 46 billion counterfeit BTC tokens. The exploit was carried out on a cross‑chain bridge known as Symbiosis, a platform designed to facilitate seamless movement of assets between dispa…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
In a startling episode that highlights both the promise and the perils of decentralized finance, a single individual managed to transform a modest investment of just a quarter‑dollar worth of Bitcoin into an astronomically inflated supply of counterfeit Bitcoin‑linked tokens. The exploit took place on a DeFi bridge operated by Symbiosis, a platform that enables users to move assets across multipl…
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 illustration of how fragile decentralized finance (DeFi) can be when code errors slip through, a single individual managed to turn a modest investment of just twenty‑five US dollars worth of Bitcoin into a staggering 46 billion fake Bitcoin tokens on a popular DeFi bridge. The incident, which unfolded on the Symbiosis network, underscores the massive risks that even seemingly small…
Sept. 15, 2026, 1:43 p.m.