Why are some forms of #Bitcoin Bridging bad.
01 Dec 2023, 21:21
Why are some forms of #Bitcoin Bridging bad?
Wrapped Bitcoin and Token Bridges 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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101 Dec 2023, 21:21
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 more information on Bitcoin Bridging, check out our article below.
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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 more information on Bitcoin Bridging, check out our article below.
2/2 🧵