Symbiosis Recovers $1.15M in Stolen BTC, Offers Hacker 20% Bounty

Symbiosis, a cross-chain liquidity protocol, has recovered approximately 15 BTC (worth $1.15 million at current prices) after an exploit targeted its Bitcoin Bridge.

The attacker exploited a vulnerability in the bridge on September 11 and made off with a significant amount of funds, but Symbiosis is offering a 20% bounty to the hacker for returning the stolen assets.

Symbiosis has since restored bitcoin swaps through third-party partners Chainflip and THORChain, though its own Bitcoin Bridge remains paused. The protocol's relayer network continues to operate.

The project is also building a compensation framework for affected liquidity providers (LPs) and will publish the criteria shortly.