Cysic suspended its cross-chain bridge after 10 million CYS tokens were minted without authorization on BNB Smart Chain on October 17, 2026. The company quickly blacklisted the receiving address containing approximately 2.8 million tokens. The bridge remains offline indefinitely while third-party security experts investigate, with early findings suggesting a potential link to unauthorized database access and weaknesses in the bridge’s processing logic. For CYS holders, this unauthorized minting represents significant dilution, given the tokens were created beyond the intended generation process against a circulating supply of 160.8 million from a 1 billion total maximum.
Source: Read the original article


