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blockchainhorror (73)in blockchain • 4 days ago
Decrypt - A security exploit on the Bedrock staking protocol allowed users to swap uniBTC with Ethereum at an incorrect 1:1 ratio, resulting in a loss of approximately $2 million
A security exploit on the Bedrock staking protocol allowed users to swap Universal Bitcoin (uniBTC) with Ethereum at an incorrect 1:1 ratio, despite a significant price difference. This resulted…
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Decrypt - A security exploit on the Bedrock staking protocol allowed users to swap uniBTC with Ethereum at an incorrect 1:1 ratio, resulting in a loss of approximately $2 million