Restore subscriptions and redemptions within two weeks; the Solv BTC+ contract was attacked due to the deployer’s private key being leaked

ME News, July 21 (UTC+8). According to Solv Protocol monitoring, on July 13 there was a security incident involving BTC+ contracts on BNB Smart Chain. After investigation, the attacker compromised the deployer’s private key and upgraded the BTC+ minting proxy contract on BSC, minting unauthorized BTC+ tokens. The team completed emergency response within three hours, isolated the malicious contract, and froze, destroyed, or isolated all unauthorized BTC+. All underlying BTC assets are secure. As a precaution, BTC+ subscriptions and redemptions have been paused and are expected to resume within two weeks. BTC+ has never had an official liquidity pool set up on any DEX; users should obtain and hold BTC+ only through Solv’s official channels. (Source: ODAILY)
SOLV-0.38%
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