Investment
Features
FeesSafety
Academy
More
Pluang+

Symbiosis bitcoin bridge hacked, billions of fake syBTC minted; $336K cashed out, 15 BTC recovered.

Market News
13 Sep 2026
Bitcoin
View Source
Bearish
Symbiosis bitcoin bridge hacked, billions of fake syBTC minted; $336K cashed out, 15 BTC recovered.

Symbiosis's bitcoin bridge was exploited by a hacker who minted billions of unbacked synthetic syBTC tokens, cashing out about $336,000 in real wrapped bitcoin (WBTC). The attack halted BTC routes on the platform, but Symbiosis recovered 15 BTC and offered a 20% bounty to the hacker for returning funds. This incident follows similar hacks on the Liquid Network and Nomic, where unbacked bitcoin wrappers were exploited to create fake tokens. Symbiosis has yet to release a full technical explanation or confirm if the bounty was accepted.

More News

Bitcoin advocate Samson Mow warns Zcash's 1,000% rally is unsustainable and predicts a crash.

Bitcoin advocate Samson Mow warns Zcash's 1,000% rally is unsustainable and predicts a crash.

Samson Mow, a Bitcoin maximalist, criticized Zcash's 1,000% year-to-date price surge as artificially inflated and unsustainable. He argues that the market lacks enough speculative capital to maintain Zcash's high valuation and expects a major correct...

Market News
Neutral
4 hours ago
Stifel upgrades Rentokil to 'buy' as valuation hits decade low with 30% upside potential.

Stifel upgrades Rentokil to 'buy' as valuation hits decade low with 30% upside potential.

Stifel has upgraded Rentokil Initial PLC to a 'buy' rating from 'hold' due to its valuation falling to the lowest levels since 2015, offering about 30% upside from its recent share price. Despite subdued organic growth in North American pest-control ...

Analyst Insights
Bullish
4 hours ago
MiniMed Smart MDI system users with higher alert responses improve glucose control significantly in type 1 diabetes trial.

MiniMed Smart MDI system users with higher alert responses improve glucose control significantly in type 1 diabetes trial.

A six-month randomized trial involving 143 type 1 diabetes patients showed that users of the MiniMed Smart MDI system who responded more frequently to missed-dose and high-glucose alerts achieved 8.1 percentage points more Time in Range (TIR) and 0.6...

Market News
Bullish
4 hours ago
Domino's offers 50% off all pizzas from Oct 5-11 for National Pizza Month

Domino's offers 50% off all pizzas from Oct 5-11 for National Pizza Month

Domino's Pizza is offering a 50% discount on all menu-priced pizzas from October 5 to 11, available through all ordering channels including online, app, phone, and in-store. This promotion includes all pizza types such as Hand Tossed, Stuffed Crust, ...

Market News
Bullish
4 hours ago
XRP nears breakout, aiming for $1.62 after holding $1.53 resistance, says analyst.

XRP nears breakout, aiming for $1.62 after holding $1.53 resistance, says analyst.

XRP has been facing resistance around $1.53 for seven weeks but is forming a descending triangle pattern on the 4-hour chart, signaling a potential breakout. Analyst Ali Martinez expects XRP to rally to $1.62 if it breaks above the triangle's hypoten...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App