Syscoin recovers 5 billion SYS tokens after bridge exploit, burns them permanently
Syscoin’s team has recovered and destroyed 5 billion SYS tokens that an attacker minted through a flaw in the project’s cross-chain bridge. Syscoin had to burn the minted tokens to restore its supply to its pre-exploit levels; however, its bridge remains offline. How did the exploit happen? The Syscoin team stated that they detected the...
- Read at Cryptopolitan
- Wed, 17 Jun 2026 20:01:17 +0000