We would like to share a current status update regarding the security breach reported on 19 September. Please rest assured that all http://Fetch.ai contracts remain completely safe and are not facing any threats at this time. The FET token also continues to function exactly as intended.
The recent exploit was directed at SingularityNET contracts. The primary focus of the attack was the SingularityNET Bridge connecting the Ethereum and Cardano blockchains, which is the exact pathway utilized to execute the unauthorized mint.
To guarantee your safety, we have temporarily suspended all conversions from AGIX to FET until further notice. Furthermore, we have halted our bridge contract on the Ethereum network purely as a protective measure. There is absolutely no evidence pointing to any vulnerabilities within our bridge contract. Both the Ethereum bridge and the conversion services will be brought back online in due course.
Our teams have successfully contained this exploit, and a comprehensive investigation is currently active. We are collaborating closely with the @SingularityNET team and will provide you with further updates as soon as new information becomes available.
The recent exploit was directed at SingularityNET contracts. The primary focus of the attack was the SingularityNET Bridge connecting the Ethereum and Cardano blockchains, which is the exact pathway utilized to execute the unauthorized mint.
To guarantee your safety, we have temporarily suspended all conversions from AGIX to FET until further notice. Furthermore, we have halted our bridge contract on the Ethereum network purely as a protective measure. There is absolutely no evidence pointing to any vulnerabilities within our bridge contract. Both the Ethereum bridge and the conversion services will be brought back online in due course.
Our teams have successfully contained this exploit, and a comprehensive investigation is currently active. We are collaborating closely with the @SingularityNET team and will provide you with further updates as soon as new information becomes available.