Security· ★★★· bearish·

Cysic bridge halted after unauthorized mint of 10M CYS

  • —10 million CYS tokens were minted without authorization via the bridge
  • —Cysic paused the bridge while it investigates the incident
  • —Mainnet and other operational systems were not affected
Why it matters: The incident highlights the persistent vulnerability of cross-chain bridges to unauthorized token minting.
Source: Cointelegraph