Syscoin has paused its bridge after an exploit minted around 5 billion unauthorized SYS tokens, turning a validation flaw into a supply nightmare and another ugly reminder that crypto bridges are still a juicy target. Bridge paused after a security incident ~5 billion unauthorized SYS minted Validation flaw accepted a bad transaction proof UTXO Bridge […]
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Syscoin has paused its bridge after a validation flaw reportedly allowed the creation of roughly 5 billion unauthorized SYS outputs through its UTXO bridge path. That’s not a typo. One broken verification step, and the accounting starts looking like it was done by a toddler with a mint button. Bridge paused after a security incident […]
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Syndicate Labs is dealing with a bridge exploit after a leaked upgrade key let an attacker push a malicious contract upgrade, drain SYND, and hammer user confidence. It’s a familiar crypto wound: not some mystical DeFi sorcery, but basic key management failing spectacularly. Leaked upgrade key enabled the attack About 18.5 million SYND drained Roughly […]
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