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Subscription and Redemption Services to Resume Within Two Weeks; Solv BTC+ Contract Compromised Due to Leak of Deployer’s Private Key
Svmuu News: According to monitoring by Solv Protocol, a security incident occurred on July 13 involving the BTC+ contract on the BNB Smart Chain. Upon investigation, it was found that the attacker gained access to the deployer’s private key and upgraded the BTC+ minting proxy contract on the BSC, minting unauthorized BTC+ tokens. The team completed its emergency response within three hours, isolating the malicious contract and freezing, burning, or isolating all unauthorized BTC+ tokens. All underlying BTC assets remain secure. As a precautionary measure, BTC+ subscriptions and redemptions have been suspended and are expected to resume within two weeks. BTC+ has never established an official liquidity pool on any DEX; users should only acquire and hold BTC+ through official Solv channels.
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