Syscoin Pauses Bridge After Exploit Creates 5B Unauthorized SYS

The post Syscoin Pauses Bridge After Exploit Creates 5B Unauthorized SYS appeared first on Coinpedia Fintech News

Syscoin has paused its Bridge after a security incident that resulted in the creation of approximately 5 billion unauthorized SYS tokens. In a preliminary postmortem, the team said an attacker exploited a validation flaw in the Bridge process, causing the system to incorrectly accept a transaction proof and generate the unauthorized outputs through the UTXO …