Cysic suspended its cross-chain bridge after an unauthorized minting of 10 million CYS tokens on the BNB Smart Chain on October 17, 2026. The incident was limited to the bridge's minting process, with the mainnet and other systems unaffected. About 2.8 million of the minted tokens were frozen after blacklisting the recipient address, but most tokens had already moved. Investigations suggest a possible link to unauthorized database access and weaknesses in bridge processing, highlighting risks beyond smart contract vulnerabilities. The bridge remains offline indefinitely, impacting token holders and cross-chain transfers until further notice.
Cysic crypto bridge incident provides context for the current crypto market. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 18, 2026 16:51 WIB: Out of 50 major cryptocurrencies, 9 rose and 40 fell today. Notable movers include BAL at Rp16.297 with +11.14%, EOS at Rp12.649 with +8.13%, and SAND at Rp1.118 with +8.08% and a 24% Sell / 76% Buy order activity on Pluang.
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