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MarketPublished by KAS Watch · September 18, 2026

A Hacker Created 46 Billion Fake BTC Tokens on Symbiosis DeFi Bridge

Two software bugs enabled an attacker to generate 46 billion unbacked syBTC tokens using 25 cents of bitcoin. Preliminary losses are estimated at 9.97 BTC by Symbiosis.

Why it matters for the market

Broad bridge exploits can influence general market risk sentiment and liquidity conditions across the wider crypto ecosystem, which may indirectly correlate with broader digital asset movements including Kaspa.

Original source

CoinDesk
Source publication · September 15, 2026 · 1 verified source
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