Solv Protocol was hacked and approximately 38 SolvBTC, worth about $2.7 million, were stolen.

MarsBitNews · 2026-03-06T01:15:39+00:00

Solv Protocol announced that on March 6, its BRO Vault was exploited, affecting fewer than 10 users with a loss of approximately $2.7 million. All other funds are secure. The team is working with security partners to investigate and take preventive measures, pledging to cover victims' losses and offering a 10% bounty to hackers to facilitate the return of funds.

MarsBitNews

2026-03-06 01:15:39

Abstract generation in progress

Mars Finance reports that on March 6th, Solv Protocol announced a limited exploit on a single BRO Vault, affecting a very small number of users (fewer than 10). The affected amount is 38.0474 SolvBTC, approximately $2.7 million. All other vaults and user funds remain secure and unaffected. Solv Protocol is actively investigating with security partners and has taken measures to prevent any future incidents. The protocol will cover the losses for affected users. Additionally, the official has reached out to the hacker, offering a 10% white-hat bounty if the funds are returned promptly.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.