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Osmosis Freezes 22.65 BTC After Nomic Forwarding Bug

Osmosis froze 22.65 BTC after a Nomic forwarding bug compromised Bitcoin reserves. CryptoSlate said the community pool would still need to replace about 17.19 BTC even if all frozen funds are recovered.

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Osmosis Freezes 22.65 BTC After Nomic Forwarding Bug
Osmosis has frozen 22.65 BTC following a Nomic forwarding bug that compromised Bitcoin reserves, according to CryptoSlate. The incident affects funds held in connection with the Osmosis ecosystem, while the frozen amount remains subject to recovery efforts. CryptoSlate reported that even if the full 22.65 BTC is recovered, the community pool would still need to replace approximately 17.19 BTC. The report did not provide further details on the bug, the recovery process, or the timing of any potential reimbursement. The development places attention on Bitcoin reserves linked to Osmosis and Nomic as the community assesses the remaining shortfall.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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