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BitcoinistOctober 19, 20262 min read

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.

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: On-chain analysis traced the sale of about 7.2 million CYS and the receipt of 306.6 ETH, valued at roughly $727,000 at the time. The bridge […]

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