Bitcoin Dual Staking Protocol b14g Approximately 97 Million CORE Unauthorized Withdrawal

The Bitcoin dual staking protocol b14g has released a security update. On October 31 at 09:29 UTC, approximately 97 million CORE staked through b14g were unauthorizedly withdrawn and transferred to an address controlled by the attacker. The project team has suspended the affected contracts. b14g is currently investigating the incident with the Core team, security partners, and exchanges to trace the funds and coordinate freezing and recovery efforts. Tracking has shown that approximately 68 million CORE remain on the Core network, and exchange partners have frozen about 9 million CORE related to the attacker. The affected assets are the CORE staked through b14g, while the staked BTC remains in a time-locked state on the Bitcoin network and is unaffected. The project team stated that the current priority is to protect users and recover the affected funds, and they will release a detailed post-incident analysis covering the technical reasons, scope of impact, and follow-up arrangements for affected users. The attacker's addresses are 0xc556ed208285406d71705927f92d4f4eaea579f1 and 0x27758c30f8e424fbd8ca605bf31e9496c26ce92c. b14g is positioned as a BTCFi coordination layer, providing dual staking matching for Core and Babylon.

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