A cross-chain bridge between BitBTC and the Ethereum layer-2 network Optimism has been able to avoid a potentially costly exploit thanks to the work of an eagle-eyed Twitter user. The custom cross-chain bridge offers a ramp for users to send assets between Optimism’s network and BitAnt’s decentralized finance (DeFi) ecosystem, which includes yield services, NFTs, swaps and the BitBTC token, in which 1 million BitBTC represents 1 Bitcoin (BTC). The BitBTC bridge bug was highlighted by L2 network Abirtrum tech lead Lee Bousfield in an Oct. 18 Twitter post, warning that “BitBTC’ ...
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