News with the tag "Bedrock hack"

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.

Bedrock has confirmed a security breach involving uniBTC, a synthetic Bitcoin token used in decentralized finance (DeFi). The post Bedrock Suffers $2M Loss in Security Exploit; Reimbursement Plan Underway appeared first on TheCoinrise.com .