BTC $63,006.27 -0.11%
ETH $1,881.65 -0.05%
BNB $610.54 +0.67%
XRP $1.00 -0.15%
SOL $75.52 -0.03%
TRX $0.3316 -0.20%
DOGE $0.0698 -0.13%
ADA $0.1773 -1.53%
BCH $205.34 +0.79%
LINK $9.60 +7.47%
HYPE $56.93 +1.78%
AAVE $86.71 +0.00%
SUI $0.6813 +0.46%
XLM $0.1591 -0.59%
ZEC $487.87 -0.62%
BTC $63,006.27 -0.11%
ETH $1,881.65 -0.05%
BNB $610.54 +0.67%
XRP $1.00 -0.15%
SOL $75.52 -0.03%
TRX $0.3316 -0.20%
DOGE $0.0698 -0.13%
ADA $0.1773 -1.53%
BCH $205.34 +0.79%
LINK $9.60 +7.47%
HYPE $56.93 +1.78%
AAVE $86.71 +0.00%
SUI $0.6813 +0.46%
XLM $0.1591 -0.59%
ZEC $487.87 -0.62%

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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