According to on-chain analyst PeckShield (@PeckShieldAlert), the same attacker exploited the bridge contract vulnerability at @SingularityNET to illegally mint 260 million AGIX and 53.83 million WMTx on Ethereum. The attacker currently holds approximately $16.77 million in crypto assets, including 198.3 million AGIX (approximately $14.42 million), 649 ETH (approximately $1.67 million), and 33.538 million WMTx (approximately $6.27 million).
Hackers exploit SingularityNET bridge vulnerability, illegally mint $16.77M in AGIX and WMTx
TechFlowShare
Summary
Hackers exploited a vulnerability in SingularityNET’s bridge contract, minting 260 million AGIX and 53.838 million WMTx. PeckShield reported that the attacker holds $16.77 million, including 198.3 million AGIX and 649 ETH. Liquidity and crypto markets face new risks as the breach underscores gaps in cross-chain security. Regulators, including those under MiCA (EU Markets in Crypto-Assets Regulation), may increase scrutiny of smart contract protocols.
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