Incident SummaryOn Sep-26-2024 06:28:23 PM UTC, a vulnerability in the uniBTC smart contract was exploited, allowing the exploiter to mint 30.8 uniBTC and swap them for wBTC in Uniswap pools. In response, we paused the vulnerable contract and implemented a fix to mitigate the vulnerability, which was later confirmed to have affected approximately $2 million in liquidity, primarily within the Uniswap pool. The vulnerable contract was deployed across eight different chains: Ethereum, BNBChain, ...

Incident SummaryOn Sep-26-2024 06:28:23 PM UTC, a vulnerability in the uniBTC smart contract was exploited, allowing the exploiter to mint 30.8 uniBTC and swap them for wBTC in Uniswap pools. In response, we paused the vulnerable contract and implemented a fix to mitigate the vulnerability, which was later confirmed to have affected approximately $2 million in liquidity, primarily within the Uniswap pool. The vulnerable contract was deployed across eight different chains: Ethereum, BNBChain, ...

The Arbitrum Bitcoin Uprising is about to make waves on Arbitrum, the first ever innovative restaking opportunity for Bitcoin holders. Set to launch on October 7th, this campaign will distribute a massive (through incentivizations) 150k ARB tokens to users who participate in uniBTC activities across several top-tier DeFi platforms. In addition to ARB rewards, users will also have the chance to earn Babylon Points and a mind-blowing 42x Bedrock Diamonds, adding even more value to their partici...

The Arbitrum Bitcoin Uprising is about to make waves on Arbitrum, the first ever innovative restaking opportunity for Bitcoin holders. Set to launch on October 7th, this campaign will distribute a massive (through incentivizations) 150k ARB tokens to users who participate in uniBTC activities across several top-tier DeFi platforms. In addition to ARB rewards, users will also have the chance to earn Babylon Points and a mind-blowing 42x Bedrock Diamonds, adding even more value to their partici...

Following today’s security exploit on our platform involving uniBTC, Bedrock is integrating the industry-standard Chainlink Proof of Reserve (PoR) to help secure our minting function and fortify the security of our protocol. While Bedrock is committed to pushing the boundaries of innovation, the recent incident underscores the critical importance of onchain security. To ensure the highest level of security and transparency moving forward, we are taking decisive steps to mitigate future risks ...

Following today’s security exploit on our platform involving uniBTC, Bedrock is integrating the industry-standard Chainlink Proof of Reserve (PoR) to help secure our minting function and fortify the security of our protocol. While Bedrock is committed to pushing the boundaries of innovation, the recent incident underscores the critical importance of onchain security. To ensure the highest level of security and transparency moving forward, we are taking decisive steps to mitigate future risks ...

After recently announcing the upcoming integration of Chainlink Proof of Reserve, Bedrock is now going all-in on the Chainlink platform by adopting the industry-standard Chainlink Cross-Chain Interoperability Protocol (CCIP and Chainlink Price Feeds on Arbitrum, Ethereum, and Optimism. Chainlink Proof of Reserve will be integrated to help secure our minting function and prevent security exploits like the $2M exploit that occurred last month involving uniBTC. CCIP will power secure cross-chain...

After recently announcing the upcoming integration of Chainlink Proof of Reserve, Bedrock is now going all-in on the Chainlink platform by adopting the industry-standard Chainlink Cross-Chain Interoperability Protocol (CCIP and Chainlink Price Feeds on Arbitrum, Ethereum, and Optimism. Chainlink Proof of Reserve will be integrated to help secure our minting function and prevent security exploits like the $2M exploit that occurred last month involving uniBTC. CCIP will power secure cross-chain...

We’re excited to announce the public launch of our Bedrock referral program! Now, refer your friends to Bedrock via your unique referral code and earn 30% of all Diamonds that they earn. It’s the easiest and most passive way to earn Bedrock Diamonds yet — even if you don’t hold uniBTC or uniETH. The more active referrals you have, the more Diamonds you stand to earn.Here’s Why it is Worth it:EVERYONE Wins:You: Will passively earn 30% of diamonds your referrals earnYour referrals: Get a sweet ...

We’re excited to announce the public launch of our Bedrock referral program! Now, refer your friends to Bedrock via your unique referral code and earn 30% of all Diamonds that they earn. It’s the easiest and most passive way to earn Bedrock Diamonds yet — even if you don’t hold uniBTC or uniETH. The more active referrals you have, the more Diamonds you stand to earn.Here’s Why it is Worth it:EVERYONE Wins:You: Will passively earn 30% of diamonds your referrals earnYour referrals: Get a sweet ...

Bedrock Diamond Airdrop Program session 1 Embark on an extraordinary adventure as Bedrock brings you the thrilling Wandering Bera testnet campaign! Prepare to witness the seamless integration of BTCFI into the vibrant Bera ecosystem. Our intrepid Bera explorer is venturing deep into the mysterious Bera forest on a mission: Uncover mystery boxes hidden within the dense foliage and hunt for an astounding 2,000,000 precious Diamonds! Claim your “Diamond BeraPaw” badge now to help shape the futur...

Bedrock Diamond Airdrop Program session 1 Embark on an extraordinary adventure as Bedrock brings you the thrilling Wandering Bera testnet campaign! Prepare to witness the seamless integration of BTCFI into the vibrant Bera ecosystem. Our intrepid Bera explorer is venturing deep into the mysterious Bera forest on a mission: Uncover mystery boxes hidden within the dense foliage and hunt for an astounding 2,000,000 precious Diamonds! Claim your “Diamond BeraPaw” badge now to help shape the futur...

Minting uniBTC on BitLayer is a straightforward process that allows users to start earning yield on idle BTC assets. In this guide, we'll walk you through the steps required to mint uniBTC, ensuring you can take full advantage of this innovative leap in DeFi. Whether you're a seasoned crypto enthusiast or new to the space, this tutorial will help you get started with ease.Step-by-Step GuideStep 1: Go to Bedrock dAppGo to the Bedrock dApp. Ensure that you are connected to Bitlayer by...

Minting uniBTC on BitLayer is a straightforward process that allows users to start earning yield on idle BTC assets. In this guide, we'll walk you through the steps required to mint uniBTC, ensuring you can take full advantage of this innovative leap in DeFi. Whether you're a seasoned crypto enthusiast or new to the space, this tutorial will help you get started with ease.Step-by-Step GuideStep 1: Go to Bedrock dAppGo to the Bedrock dApp. Ensure that you are connected to Bitlayer by...

We’re thrilled to announce the groundbreaking strategic collaboration between Bedrock and Babylon, a collaboration set to revolutionize Bitcoin through liquid restaking and DeFi integrations. This campaign is a part of our exciting collaboration with Babylon and will be launched on Galxe. Through this campaign, we hope to help users better understand the new yield opportunities as well as earn some thrilling rewards such as yield and bonus Bedrock Diamonds through Bitcoin Liquid Restaking ahe...

We’re thrilled to announce the groundbreaking strategic collaboration between Bedrock and Babylon, a collaboration set to revolutionize Bitcoin through liquid restaking and DeFi integrations. This campaign is a part of our exciting collaboration with Babylon and will be launched on Galxe. Through this campaign, we hope to help users better understand the new yield opportunities as well as earn some thrilling rewards such as yield and bonus Bedrock Diamonds through Bitcoin Liquid Restaking ahe...