๐Ÿšจ **Crypto Heist Alert!** ๐Ÿšจ

- Bedrock, a multi-asset liquid staking protocol, confirmed a $2M security exploit involving uniBTC, a synthetic Bitcoin token.

- The team assures users that remaining funds are safe and a reimbursement plan is on the way.

- Most losses occurred in decentralized exchange liquidity pools, but core BTC reserves are secure.

- Bedrock, launched in Feb 2023 by RockX, boasts over $240M in TVL and aims to attract institutional investors with strict compliance.

- Despite the hiccup, liquid restaking protocols continue to thrive with over $11.4B in TVL!

Stay safe and stake smart! ๐Ÿ˜