TREE NEWS update: Symbiosis said it has recovered 15 BTC from its bridge hack and is offering a 20% bounty for information leading to further asset recovery, after the hacker refused to return the stolen funds for the same white-hat bounty. The cross-chain protocol disclosed the recovery without specifying the total amount lost in the incident.
Symbiosis Recovers 15 BTC From Bridge Hack, Offers 20% Bounty
Partial recovery without a disclosed total loss leaves the market unable to size the actual damage, which matters more than the recovered sum itself. The bounty shift — from a white-hat offer to the hacker to a public information reward — signals the protocol is now relying on third parties rather than the attacker, a notable change in recovery strategy. Whether the undisclosed remainder is material to Symbiosis's operations, and whether other bridges adopt similar public bounty structures, is the open question.
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