Bedrock Identifies Security Vulnerability Involving UniBTC

According to BlockBeats, on September 27, multi-chain liquidity re-staking protocol Bedrock announced via its Telegram channel that the team has identified a security vulnerability involving uniBTC. In response, the team has paused the contract to protect users and their assets. The team assured that the BTC in the custodial wallet is secure. The total estimated loss due to the breach is approximately $2 million. Additionally, the team stated that they are actively coordinating with decentralized exchanges (DEX), security audit teams, and partner projects to revoke permissions. For permissions that cannot be revoked, the corresponding wallet addresses will be blacklisted.