BlockBeats news, November 1: The cross-chain protocol Symbiosis has announced that it has detected funds related to the recent Binance security incident attempting to be transferred through its protocol. Currently, Symbiosis is taking measures to block the relevant transactions and has contacted Binance. Its existing fund screening mechanism is primarily designed for routine transaction processes and still has certain vulnerabilities when dealing with rapid and complex fund transfer operations; the team is continuously improving the relevant mechanisms.
Symbiosis also stated that, as a decentralized protocol, such situations are entirely new challenges for the team. For users whose funds are in a pending state due to the relevant incident or have been returned due to mistaken operations, the team will verify each case individually and handle them as quickly as possible to assist users in resolving the issues.
