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Cysic Bridge Faces Crisis After 10 Million Unauthorized Tokens Minted and $727K Transferred to Ethereum

Cysic Bridge Faces Crisis After 10 Million Unauthorized Tokens Minted and $727K Transferred to Ethereum

Cysic crypto bridge halted after unauthorized mint of 10M CYS
Cysic crypto bridge halted after unauthorized mint of 10M CYS

Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.

Cysic Bridge Exploit Creates 10 Million Tokens Before $727,000 Moves To Ethereum

Cysic has suspended its cross-chain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum. TL;DR:...

Cysic Bridge Hack: Attacker Mints 10M CYS, Moves $727K to Ethereum
Cysic Bridge Hack: Attacker Mints 10M CYS, Moves $727K to Ethereum

Cysic’s bridge hack minted 10 million CYS on BNB Chain, letting the attacker move $727,000 in ETH to Ethereum before the wallet was blacklisted.

Cysic Halts Bridge After Unauthorized Mint of 10 Million CYS
Cysic Halts Bridge After Unauthorized Mint of 10 Million CYS

About 2.8 million CYS remain frozen at the recipient address, while onchain records show some tokens were sold before the blacklist took effect.... Read the full story at The Defiant

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