Security· ★★· bearish·

Autheo tells users to halt THEO trading after $1.7M bridge exploit

  • —Oct. 12 exploit minted 19M unbacked THEO via Hyperlane on Base
  • —Roughly 700.8 ETH (~$1.76M) taken and bridged to Ethereum mainnet
  • —THEO trades at $0.0001716 on Uniswap V4, down 4.37% on the day
  • —Autheo has not disclosed total losses or remediation plans
Why it matters: The incident highlights single-relayer-key risk in bridges, leaving THEO holders unable to exit the token until the review concludes.
#THEO#ETH
Source: The Crypto Times
More on this
Security · Oct 14
Autheo's THEO token crashes 92% after suspicious Base bridge exploit
 Security · Sep 21
Fetch.ai halts bridge and AGIX-FET conversions after SingularityNET exploit
 Security · Sep 22
Neutron halts chain activity over suspected exploit, Astroport urges users to withdraw funds