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Bitcoin Fund Lost 36% of Its Backing, Nobody Noticed for 74 Days

Bitcoin.com News·September 10, 2026·1 min read
Bitcoin Fund Lost 36% of Its Backing, Nobody Noticed for 74 Days

A software flaw on the Nomic protocol wiped out 36% of a bitcoin fund's backing, going unnoticed for 74 days. The DEX platform Osmosis reported the bug, which left Alloyed BTC with a significant backing hole, highlighting risks in decentralized finance.

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