Bedrock: uniBTC has a vulnerability that resulted in a loss of approximately 2 million dollars, and the contract has been suspended

2024-09-27 08:52:00
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ChainCatcher message, the multi-chain liquidity re-staking protocol Bedrock announced on its Telegram that the team has become aware of a security vulnerability involving uniBTC. In response, the team has paused the contract to protect users and their assets. The team stated that the BTC in the custody wallet is safe. The BTC in reserves is safe, and the total estimated loss from the theft is around 2 million USD.

Additionally, the team stated that they are actively coordinating with DEX, security audit teams, and our partner projects to revoke permissions. For permissions that cannot be revoked, the corresponding wallet addresses will be blacklisted.

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