🚨 SingularityNET Bridge Exploit Triggers Unauthorized Token Minting
🔴 A hacker reportedly exploited a SingularityNET bridge contract vulnerability, illegally minting 260M AGIX and 53.838M WMTx on Ethereum.
💥 The attack resulted in estimated losses of around $2.01M, with much of the stolen value reportedly involving FET from Fetch.ai’s token converter.
🔐 The incident highlights ongoing security risks around cross-chain bridges and token-conversion contracts.
👀 Could this exploit increase scrutiny of crypto bridge security?
#SingularityNET #AGIX #CryptoSecurity #CryptoNews
🔴 A hacker reportedly exploited a SingularityNET bridge contract vulnerability, illegally minting 260M AGIX and 53.838M WMTx on Ethereum.
💥 The attack resulted in estimated losses of around $2.01M, with much of the stolen value reportedly involving FET from Fetch.ai’s token converter.
🔐 The incident highlights ongoing security risks around cross-chain bridges and token-conversion contracts.
👀 Could this exploit increase scrutiny of crypto bridge security?
#SingularityNET #AGIX #CryptoSecurity #CryptoNews
