BTC+ on BNB Smart Chain: Security Update On July 13, the BTC+ contract on BNB Smart Chain was affected by a security incident. BTC+ assets acquired through official Solv channels remain fully secure. Our investigation found that the attacker compromised the deployer private key and upgraded the BTC+ minting proxy contract on BSC to mint unauthorized BTC+ tokens. The team completed emergency response within three hours, isolating the malicious contract and freezing, burning, or quarantining all unauthorized BTC+. All underlying BTC assets remain fully secure. As a precaution, BTC+ subscription and redemption have been temporarily paused while a final security review is completed. Redemption is expected to resume within two weeks. BTC+ has never had an official liquidity pool on any DEX, and users should acquire and hold BTC+ only through official Solv channels. To prevent similar incidents, we have upgraded deployer security, rotated all affected access credentials and signing keys, and initiated a comprehensive external re-audit of all relevant contracts. We are working with security partners on the investigation. A detailed post-mortem will follow.