ChainCatcher news, Binance Wallet will collaborate with PancakeSwap to host an exclusive token generation event for the multi-asset liquid staking protocol Bedrock.Start date: March 20, 2025, 10:00 AM (UTC);End date: March 20, 2025, 12:00 PM (UTC);Total fundraising amount: $1.25 million (in BNB);Available tokens: 50,000,000 (5% of total supply);Accepted token: BNB;Price per token: $0.025 (in BNB);Subscription limit per Binance Wallet user: 3 BNB;Bedrock is a multi-asset liquid re-staking protocol that enables Bitcoin staking through uniBTC. uniBTC allows holders to earn rewards while maintaining liquidity, unlocking new earning opportunities for Bitcoin's $1 trillion market cap.

ChainCatcher message, Bitcoin stablecoin issuer Avalon Labs adds support for uniBTC assets. Users can use it as collateral to borrow other assets or recycle uniBTC for leveraged re-staking.

ChainCatcher news, according to official sources, the decentralized secure computing project ARPA Network has established a strategic partnership with the multi-asset liquidity re-staking protocol Bedrock to introduce uniBTC into ARPA AVS on EigenLayer.By adding uniBTC as a supporting asset, ARPA provides BTC holders with new liquidity avenues and reward opportunities.

According to ChainCatcher news, the official Bedrock announcement has released an analysis report on the uniBTC security vulnerability incident, which includes the following main points:The contract vulnerability has been confirmed and resolved;All assets are safe;Airdrop plan: All uniBTC holders can claim airdrop of 100 diamonds, and future TGE community airdrops will increase by 0.5%;The contract opening time will await official notification.

ChainCatcher message, the multi-chain liquidity re-staking protocol Bedrock responded to the uniBTC security vulnerability incident in a post on X, stating that the vulnerability issue has been addressed and all uniBTC assets held by users are safe. The specific response is as follows:Bedrock assures all users that the BTC in the custodial wallet and the BTC in reserves are safe;The estimated total impact of this vulnerability is about $2 million (mostly from DEX LP);The real cause of the vulnerability has been identified, and measures are being taken to address it;A comprehensive compensation plan is being finalized and will be shared soon along with a post-incident report;Bedrock is working closely with DEX, security audit teams, and partners to recover the lost funds;Proof of reserves will be shared immediately once obtained to ensure transparency.Previous news, the multi-chain liquidity re-staking protocol Bedrock announced on its Telegram that the team has become aware of the security vulnerability involving uniBTC. In response, the team suspended the contract to protect users and their assets. The team stated that the BTC in the custodial wallet is safe. The BTC in reserves is safe, and the total estimated loss from theft is about $2 million.

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.

ChainCatcher news, according to official sources, Bedrock has announced that it now supports the use of re-staked BTC/MBTC on the Merlin Chain to mint liquidity-staked Bitcoin uniBTC based on the Babylon protocol.