Bisq Protocol Attacked, Approximately 11 BTC Stolen Due to Missing Validation Mechanisms

BTC-1.13%

According to official statement reported by ChainCatcher, Bisq protocol was attacked recently, resulting in approximately 11 BTC stolen due to missing validation mechanisms. Attackers exploited a negative miner fee vulnerability to transfer funds via multi-signature transactions.

Bisq is discussing compensation plans, offering victims Bitcoin or BSQ token reimbursement pending DAO voting, with decisions expected after the May 25 DAO cycle concludes. The protocol has fixed the vulnerability and plans to release a patch while strengthening code security reviews. Users are advised to reduce BTC holdings in their wallets temporarily.

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