Symbiosis is offering a 20% bounty for information leading to asset recovery after the hacker refused to return the stolen funds for the same white-hat bounty.
The incident underscores systemic vulnerabilities in cross-chain protocols, emphasizing the need for enhanced security measures in synthetic assets.
Blockchain security firm Blockaid said roughly 46.1 billion syBTC were minted but the attacker realized only about $336,000 in proceeds.