Fetch.ai and NuNet suffer attack, losing approximately $2 million

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PeckShield on-chain data reveals a major exploit targeting Fetch.ai and NuNet, with an attacker withdrawing 8.7 million FET ($1.53 million) and minting 408.5 million NTX ($46.27 million). Following the attack, the NTX price dropped 65%. The hacker later converted part of the assets into 546.36 ETH ($1.44 million). The incident may impact the Fear & Greed Index as traders respond to the losses.

PeckShield monitoring shows that the same attacker transferred approximately 8.7 million FET from Fetch.ai, valued at around $1.53 million, and illicitly minted approximately 408.5 million NTX on NuNet, valued at about $462,700. As a result, the NTX price dropped by approximately 65%. Currently, the attacker has exchanged part of the involved assets for approximately 546.36 ETH, valued at around $1.44 million.

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