Solv Protocol offers 10% bounty after hacker snatches $2.7M
Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin.
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Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin.
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The Solv Protocol team said it would cover the losses from the "limited exploit," totaling about $2.7 million for about 10 users.
The Nasdaq-listed miner sold nearly all of its February production while expanding power capacity in Texas and maintaining a treasury of more than 13,000 BTC.