Bedrock, a multi-asset liquid staking protocol, confirmed a $2 million security exploit involving uniBTC, a synthetic Bitcoin token. The incident, announced on September 27, impacted decentralized exchange liquidity pools. Bedrock assured its users that the issue had been “handled” and all remaining assets were secure. The protocol plans to issue a reimbursement plan and post-mortem report soon. The platform, launched in February 2023, holds over $240 million in total value locked (TVL). Bedrock’s core reserves, including wrapped BTC and standard Bitcoin, were unaffected despite the setback. Steps are taken to recover the lost funds.