Skip to content
Back to Guavy Wire
Crypto

Synthetic Bitcoin Bug Exposes Vulnerability in Cross-Chain Bridges

Instruments
BTC ETH BNB UNI
Share

A recent bug in Symbiosis' Bitcoin bridge allowed an attacker to mint over 46.1 billion synthetic Bitcoin tokens, a staggering figure that far exceeds the total supply of real Bitcoin, which is capped at 21 million coins.

The incident occurred on September 11, 2026, when the BridgeV2 contract on BNB Chain accepted a bad message, instructing it to mint syBTC without the matching Bitcoin behind it. Despite this enormous creation of synthetic assets, the attacker only managed to cash out around $336,000 by selling about 4.39 WBTC on Ethereum through Uniswap V4.

Symbiosis moved quickly to contain the damage, halting BTC routes and recovering about 15 BTC that had been compromised. The team also offered a white-hat reward of 20% of the funds to anyone who could provide information leading to recovery, with the deadline set for September 13, 2026.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc