On September 19, attackers exploited SingularityNET's bridge infrastructure, releasing over 8.7 million Fetch.ai (FET) tokens and minting about 2.3 billion unauthorized tokens across four assets. The breach used compromised signing and minting privileges within SingularityNET's cloud system, resulting in about $2.29 million in realized proceeds from exchanged tokens by September 22. The affected bridge connects Ethereum and Cardano networks but lacked proper verification checks, allowing the exploit. SingularityNET has since revoked access, disabled the affected bridges, paused transfers, and is conducting an independent security review, with replacement token plans yet to be announced.
SingularityNET's recent bridge attack involved minting about 2.3 billion unauthorized tokens. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 26, 2026 10:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 43 rose and 6 fell today. Notable movers include FIL (Filecoin) at Rp18.645 with a 5.88% increase, THETA (Theta Network) at Rp4.212 up 5.86%, and LINK (Chainlink) at Rp252.102 rising 5.57%.
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