Incident Overview
Syscoin Bridge was exploited. The attacker leveraged a validation issue in the bridge flow, resulting in an unauthorized creation of approximately 5 billion SYS on the UTXO side. The funds were subsequently moved and split. The team has paused the bridge, is actively tracing the tainted outputs, coordinating with exchanges for blacklisting/monitoring, and working on a fix and remediation.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.