Cysic crypto bridge halted after unauthorized mint of 10M CYS
60-second summary
Cysic’s crypto bridge is halted after an unauthorized mint of ten million CYS tokens, which the company says was confined to bridge message processing and minting and did not compromise the mainnet or other operational systems. The breach highlights vulnerabilities in cross‑chain infrastructure, prompting investors to scrutinize bridge security and potentially dampening confidence in similar DeFi interoperability solutions.
Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.