Solv Protocol disclosed that its BRO vault suffered an attack, resulting in a loss of approximately $2.7 million.

PANews reported on March 6th that, according to The Block, the Bitcoin-centric DeFi platform Solv Protocol stated that its BRO vault suffered a "limited attack," affecting approximately 10 users and resulting in a loss of 38.0474 SolvBTC (worth approximately $2.7 million at the time). The platform will cover this loss. Solv stated that other vaults and user funds are safe and that it is collaborating with multiple security agencies to investigate and take measures to prevent recurrence. It is also offering a 10% white-hat bounty to the attackers to help recover the funds. According to security analysis, the attackers exploited a double-coining vulnerability in a contract 22 times, inflating 135 BRO to 567 million, which was then exchanged for approximately 38 SolvBTC.