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Solv Protocol: BTC+contracts were attacked due to the deployer’s private key leak; subscriptions and redemptions are expected to resume within two weeks

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Golden Finance reports that on July 21, Solv Protocol posted on X stating that its BTC+ contracts on BNB Chain were attacked on July 13. After an investigation, the attacker stole the deployer’s private key, then upgraded the BTC+ minting proxy contract on BSC, and minted unauthorized BTC+ tokens. The team completed an emergency response within 3 hours, isolated the malicious contracts, froze, destroyed, or isolated all unauthorized BTC+, and ensured all underlying assets remain safe. As a precaution, BTC+ subscriptions and redemptions have been paused, and they are expected to resume within two weeks. The team has now upgraded the deployer’s security measures, rotated all affected access credentials and signing keys, and launched a comprehensive external re-audit. A detailed post-incident analysis report will be released later.
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