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 is investigating an unauthorized issuance on BNB Smart Chain and said the mint size alone does not establish the incident’s dollar impact.
The company said in a Sunday X incident report that its cross-chain bridge was suspended after an attacker exploited a processing flaw to mint 10 million CYS on BNB Smart Chain on Saturday, with preliminary findings pointing to unauthorized access to a database supporting the bridge.
The mint occurred at 12:31:38 UTC, and Cysic added the recipient address to the token contract’s blacklist at 13:47:52 UTC. About 2.8 million CYS remained at that address, with transfers restricted.
Source: Cointelegraph →Related News
- 2 hours ago
Zoom adds ‘proof of human’ badges to show you’re not a deepfake
- 3 hours ago
South Korea to meet crypto exchanges amid calls for tax delay
- 7 hours ago
Qubic freezes chain after attacker drains 1.4K wallets with weak seeds
- 19 hours ago
Most Americans polled oppose betting on elections: Reuters
- 23 hours ago
Chinese suspect in $75M international crime network arrested in Bangkok
