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Fake Bitcoin Minting Leaves Bridge Paused and Liquidity Providers Unpaid

CryptoSlate reports that hackers minted trillions of fake Bitcoin, while 15 BTC was recovered. The native bridge remains paused, liquidity providers are unpaid, and final accounting continues as a 20% bounty window closes September 13.

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Fake Bitcoin Minting Leaves Bridge Paused and Liquidity Providers Unpaid
Hackers reportedly minted trillions of fake Bitcoin, while only 15 BTC was recovered through the affected bridge, according to CryptoSlate. The native bridge remains paused as the project completes its final accounting. A 20% bounty window is scheduled to close on September 13, adding a deadline to the ongoing recovery process. Despite the recovered Bitcoin, liquidity providers remain unpaid. The status of the bridge and the final distribution of funds are therefore still unresolved. CryptoSlate reported that the recovery and accounting process continues, with no indication in the supplied information that the bridge has resumed operations or that liquidity providers have received compensation.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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