Symbiosis Works to Block Attempt to Move Binance Stolen Funds

Symbiosis said it detected an attempt to move funds linked to the recent Binance attack through its cross-chain protocol. The team is working to block the transfer and has contacted Binance, placing Symbiosis’ response alongside the effort to stop movement of the stolen assets. The protocol said its current screening system is designed for normal transaction flows. It acknowledged a monitoring gap when activity is fast and complex, and said it will strengthen its checks gradually. The update identifies a weakness Symbiosis says it is addressing: screening that may not catch rapid, complicated operations.

Source: TokenPost