đš **Crypto Heist Alert!** đš
- 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! đ