Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid
Property	Value	Type
Title	Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid	metadata
Category	defi	metadata
Subcategory	defi	metadata
Sentiment	bearish	metadata
Published Date	2026-09-13T22:01:27.017Z	metadata
Trustworthy	no	metadata
Content	Hackers exploited a vulnerability to mint trillions of counterfeit Bitcoin tokens, exposing severe weaknesses in the affected bridge’s supply controls. Although approximately 15 BTC was recovered, the funds were reportedly insufficient to reimburse liquidity providers, leaving losses unresolved. The incident highlights the systemic risks of wrapped-Bitcoin bridges and could undermine confidence in cross-chain Bitcoin representations and their backing mechanisms....	content
Citation 1	https://cryptoslate.com/hackers-mint-trillions-in-fake-bitcoin-but-15-btc-bridge-recovery-leaves-liquidity-providers-unpaid/	source

Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

Sep 13, 2026

defi

Hackers exploited a vulnerability to mint trillions of counterfeit Bitcoin tokens, exposing severe weaknesses in the affected bridge’s supply controls. Although approximately 15 BTC was recovered, the funds were reportedly insufficient to reimburse liquidity providers, leaving losses unresolved. The incident highlights the systemic risks of wrapped-Bitcoin bridges and could undermine confidence in cross-chain Bitcoin representations and their backing mechanisms.

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https://cryptoslate.com/hackers-mint-trillions-in-fake-bitcoin-but-15-btc-bridge-recovery-leaves-liquidity-providers-unpaid/

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