Syscoin Discloses Preliminary Review of Cross-Chain Bridge Incident: Approximately 5 Billion SYS Tokens Abnormally Generated Due to Verification Issues
Syscoin released a preliminary post-mortem of the cross-chain bridge incident, stating that due to a verification issue in the bridging process, the attacker exploited an abnormal transaction proof validation to generate approximately 5 billion SYS tokens abnormally on the UTXO side via the affected bridging path.