$BUTT0X
Fading QuicklySnapshot Window: 2026-09-02 20:50 UTC · ← Back to Crypto Overview
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Five billion tokens. Created from a transaction that never happened. The Syscoin bridge reportedly accepted an invalid proof and minted assets that weren't backed by a corresponding burn. No cryptography was broken. The assumptions were. Every wrapped asset depends on
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AI visual note: An infographic from Wire Network highlighting a Syscoin bridge exploit, showing that 5,000,000,000 SYS tokens were minted despite the burn transaction being "NOT FOUND," illustrating that the bridge's architecture relied on flawed assumptions—"Burn → Verify = Mint"—rather than secure cryptography.