Cysic plans to burn 7.2 million of its tokens from the foundation reserve to counteract unauthorized creation of 10 million CYS tokens on the BNB Chain during a security breach on October 17. The breach involved the Cysic bridge, which transfers tokens between networks, and resulted in 7.2 million tokens being sold before the attacker’s address was blacklisted, leaving 2.8 million tokens frozen. The token burn aims to restore balance and Cysic will publish the on-chain transaction record once confirmed.
Cysic's token burn plan is the subject, with Pluang's market data providing context. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 24, 2026 11:21 WIB: Out of 50 major cryptocurrencies priced on Pluang, 10 rose and 39 fell today. Notable price changes include SXP (Solar) down 46.27% at Rp37, BAL (Balancer) up 11.14% at Rp16.297, and EOS (EOS.IO) up 8.13% at Rp12.649.
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