Bisq Protocol Attacked, 11 BTC Stolen on May 4; Compensation Plan Under DAO Vote

BTC1.22%

According to Bisq, the protocol was attacked on May 4 due to missing verification mechanisms, resulting in approximately 11 BTC being stolen, primarily from altcoin trades. The platform is discussing compensation options for affected users, who can choose between Bitcoin or BSQ token reimbursement pending DAO approval, with a decision expected after the DAO cycle concludes on May 25. Bisq has patched the vulnerability and plans to strengthen code security reviews.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Breaks $80,000, Up 2.02% in 24 Hours

According to HTX, Bitcoin breaks $80,000 in the past 24 hours, trading at $79,865 with a gain of 2.02%.

GateNews3m ago

Whale "pension-usdt.eth" Faces Over $16M Floating Loss on BTC and ETH 3x Short Positions

Gate News message, as the market is going up, the whale "pension-usdt.eth" holding $BTC and $ETH 3x short position now has a floating loss of over $16M.

GateNews12m ago

BTC breaks through 80,000 USDT

Gate News bot message, Gate market data shows that BTC has broken through 80,000 USDT, and the current price is 80,000 USDT.

CryptoRadar19m ago

Bitcoin Developers Warn Against Paul Sztorc's eCash Fork

Developers and industry figures have raised concerns about an eCash proposal, citing user risk, uneven distribution, and philosophical tension as key issues. Developer Concerns The proposal has drawn criticism from multiple developers and industry participants who argue it introduces several

CryptoFrontier49m ago

Morgan Stanley's Bitcoin ETP MSBT Attracts $100M in First Six Days

According to CoinDesk, Morgan Stanley's bitcoin ETP product MSBT attracted over $100 million in inflows within six days of launch, with all flows coming from self-directed investment channels, according to Amy Oldenburg, the bank's digital assets strategy head. Oldenburg noted that U.S. banks may e

GateNews1h ago
Comment
0/400
No comments