Category: Bedrock
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Bedrock DeFi Exploit: UniBTC Contract Hit
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The world of decentralized finance (DeFi) has witnessed significant growth in recent years, with a plethora of platforms emerging to meet the ever-evolving needs of investors and cryptocurrency enthusiasts. However, as the DeFi ecosystem continues to expand, it has also become a prime target for malicious actors seeking to exploit…
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Bedrock DeFi Exploit: UniBTC Contract Hit
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The world of decentralized finance (DeFi) has witnessed significant growth in recent years, with a plethora of platforms emerging to meet the ever-evolving needs of investors and cryptocurrency enthusiasts. However, as the DeFi ecosystem continues to expand, it has also become a prime target for malicious actors seeking to exploit…
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Crypto staking platform Bedrock exploited via a bug, users can swap 1 ETH for 1 BTC
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Bedrock staking protocol confirmed that their platform was compromised by a bug involving uniBTC, allowing users to exchange uniBTC for ETH token. Bedrock announced through an X post on September 27 that they are aware of the security breach and that their team is currently “addressing” the issue. They also…