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.
Key Takeaways
- Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

BitTorrent Ushers in Next-Gen Web3 Infrastructure with Strategic Rebrand and Inaugural BTT Burn
Overview: The first round of BTT repurchased with decentralized service revenue has been completely burned, as BitTorrent leverages its reimagined architecture to pivot toward Web3 and AI infrastructure. BitTorrent, a cornerstone of decentralized…

Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow
TL;DR: US spot Ethereum ETFs lost $320.1 million in the week ending October 16, more than the $228.4 million withdrawn from Bitcoin funds. BlackRock’s ETHA accounted for nearly all of the Ether redemptions. Ethereum investment funds have ended another…

XRP Price Battles $1.30 as $2.77B Futures Market Loses Momentum
XRP’s price is fighting to hold $1.29 as its $2.77 billion futures market loses momentum and sellers maintain control. Technical indicators favor further weakness, yet oversold readings suggest a recovery isn’t entirely off the table. Meanwhile, Polymarket…