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Hacker converts 25¢ of Bitcoin into 46 billion fake BTC tokens on DeFi bridge

A hacker exploited two software bugs to mint 46 billion unbacked syBTC tokens, with Symbiosis estimating preliminary losses of 9.97 BTC.

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Marcus Webb · Crypto Desk · 16 Sept 2026 · 02:17 · 1 Min. Lesezeit
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Hacker converts 25¢ of Bitcoin into 46 billion fake BTC tokens on DeFi bridge

A hacker turned a 25‑cent Bitcoin holding into 46 billion counterfeit BTC tokens on a decentralized finance bridge.

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Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC.

Symbiosis reports preliminary losses of 9.97 BTC from the incident.

Dieser Artikel wurde mit KI-Unterstützung erstellt und von einer Finances-Review-Redakteurin bearbeitet.
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Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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