Why are some forms of #Bitcoin Bridging bad.
14 Sep 2023, 11:00
Why are some forms of #Bitcoin Bridging bad?
Wrapped Bitcoin and #TokenBridges bring in third parties and extra attack surface into transactions.
These have been the reason for the significant losses in #DeFi.
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Same news in other sources
114 Sep 2023, 11:00
In 2022, around $1.4 billion was lost due to Token Bridge attacks, thanks to social engineering that led to unauthorized access to staff accounts.
For details about Bitcoin Bridging methods, check out our article.
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In 2022, around $1.
In 2022, around $1.4 billion was lost due to Token Bridge attacks, thanks to social engineering that led to unauthorized access to staff accounts.
For details about Bitcoin Bridging methods, check out our article.
2/2 🧵