Browsing: Bridged

If you have sent Bitcoin across a bridge onto another blockchain, what you hold on the far side is no longer Bitcoin but a claim on it. On September 11, 2026, an attacker on the cross-chain protocol Symbiosis created exactly that claim out of thin air. The damage in real money stayed small, at roughly…

Anyone holding the Bitcoin token allBTC on the Cosmos exchange Osmosis has, since September 9, 2026, owned less Bitcoin on paper than the portfolio display promises. Around 36 percent of the backing stands without real assets behind it, caused by a single one of the five bridge versions that converge in this pooled token, and…