For anyone considering a bridge as part of a long-term holding setup, the immediate question is what can be verified before moving BTC. As reported by Foresight News on November 13, 2026, at 17:15 (UTC+8), Symbiosis said its BTC bridge V2 beta was live. Its new wrapped asset, symBTC, is backed 1:1 by native Bitcoin, according to Symbiosis.
Symbiosis said an internal audit was complete and that a public audit report would be released after completion. The public report was not yet available at the time of the report, and bridge liquidity was limited during testing.
The beta follows an earlier incident: Foresight News reported that Symbiosis’s Bitcoin Bridge was attacked on September 11 and that its BTC cross-chain route was subsequently paused. The available report does not establish losses or describe the attack. For holders assessing the beta, the pending public audit report and limited test-period liquidity remain relevant checks—not assurances about bridge safety.