BTC $63,219.32 -2.67%
ETH $1,867.71 -3.34%
BNB $588.23 +0.06%
XRP $1.06 -1.63%
SOL $73.16 -1.99%
TRX $0.3266 -0.42%
DOGE $0.0691 -1.79%
ADA $0.1694 +0.77%
BCH $206.67 -6.16%
LINK $8.14 -4.37%
HYPE $54.73 +2.07%
AAVE $96.92 -2.48%
SUI $0.6843 -1.71%
XLM $0.1691 -2.32%
ZEC $457.97 -3.84%
BTC $63,219.32 -2.67%
ETH $1,867.71 -3.34%
BNB $588.23 +0.06%
XRP $1.06 -1.63%
SOL $73.16 -1.99%
TRX $0.3266 -0.42%
DOGE $0.0691 -1.79%
ADA $0.1694 +0.77%
BCH $206.67 -6.16%
LINK $8.14 -4.37%
HYPE $54.73 +2.07%
AAVE $96.92 -2.48%
SUI $0.6843 -1.71%
XLM $0.1691 -2.32%
ZEC $457.97 -3.84%

Syscoin releases a report on the bridging security incident, funds have been recovered and destroyed, and the cross-layer parsing defect will be fixed

2026-06-16 16:27:41

Syscoin released a bridge security incident report, disclosing details of the UTXO-to-NEVM bridging vulnerability incident. It is reported that this incident led to approximately 5 billion SYS being unauthorizedly released on the UTXO side. The related funds have since been returned to the official recovery address and destroyed through the standard OP_RETURN method, making them unusable by the protocol again, and the on-chain reported SYS supply has been restored to the expected value. The bridging function is currently still suspended, and the team is completing the final review and repair.

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