b14g Says 97 Million CORE Drained, Pauses Contracts

The detail that matters most is the split between what was hit and what wasn't: CORE, the protocol's own token, bore the loss while staked BTC was reportedly untouched. That distinction will shape how the market reads the risk profile of BTC-backed staking products more broadly, since the entire premise rests on the underlying asset being insulated from protocol-level failures. The roughly 9 million CORE frozen at exchanges suggests some of the flow is now traceable and contestable, which makes the recovery question the one worth following. Whether the pause proves temporary or becomes a longer unwinding is the open question.