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Cysic restores bridge and burns 7.2M CYS after unauthorized 10M token mint on BNB Chain

Protocol Fundamentals
30 Oct 2026, 00:12 WIB
Tokenpost
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Neutral
Cysic restores bridge and burns 7.2M CYS after unauthorized 10M token mint on BNB Chain

Cysic has restored its cross-chain bridge and permanently burned 7,200,002 CYS tokens on BNB Smart Chain following an unauthorized mint of 10 million CYS tokens on BNB Chain during a security breach on October 17. The burn, confirmed on-chain, was a measure to offset the unauthorized tokens minted during the attack. While the burn amount is less than the minted tokens, Cysic's cross-chain service is now fully operational again. This action aims to maintain the token's integrity and reassure investors after the security incident.

Cysic token burn and bridge restoration provide context for cryptocurrency market data. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 30, 2026 03:41 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell. CRV traded at Rp5.704 with a 1-day change of -7.85% and 99% buy orders. CAKE was at Rp35.454, down 7.80%, with 91% sell orders. BNB stood at Rp12.630.000, down 7.79%, with 63% sell orders and a typical hold time of 90 days.

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