Gossip (following are some speculations/conspiracy theories from followers): Recently, on a certain Bitcoin L2 chain, LayerBank was hacked due to a security vulnerability, with a large number of assets stolen and dumped, causing the uniBTC issued by BedRock to de-peg. LayerBank, unable to recover the assets, then conspired with BedRock to find alternative ways to recoup their losses.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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