SYS Drops 20% After 5B Unauthorized Tokens Minted in Syscoin Bridge Exploit
Syscoin paused its bridge immediately and urged exchanges to freeze deposits connected to the tainted transaction trail.
Crypto News·
Syscoin paused its bridge after a validation flaw created about 5B unauthorized SYS outputs now being traced across UTXO addresses.
Read full articleSyscoin paused its bridge immediately and urged exchanges to freeze deposits connected to the tainted transaction trail.
A clear overview of Syscoin: what it is, the problems it targets, token utility and supply, ecosystem context, and key considerations. The post Syscoin Explained: Blockchain, Token Utility, And Ecosystem appeared first on BiteMyCoin.