According to ChainCatcher, Solv Protocol's BTC+ contract on BNB Smart Chain was attacked on July 13 after attackers compromised the deployer's private key and upgraded the minting proxy contract, creating unauthorized BTC+ tokens. The team completed emergency response within three hours, isolating malicious contracts and freezing, destroying, or quarantining all unauthorized BTC+ tokens. All underlying BTC assets remain secure.
Minting and redemptions for BTC+ have been suspended and are expected to resume within two weeks. The team has upgraded deployer security measures, rotated all affected access credentials, and initiated a comprehensive external audit. Users are warned to obtain and hold BTC+ only through official Solv channels, as the protocol has never listed official liquidity pools on any DEX.