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Syscoin Pauses Bridge After Exploit Creates 5B Unauthorized SYS

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By on June 8, 2026 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Syscoin Pauses Bridge After Exploit Creates 5B Unauthorized SYS appeared first on Coinpedia Fintech News

Syscoin has paused its Bridge after a security incident that resulted in the creation of approximately 5 billion unauthorized SYS tokens. In a preliminary postmortem, the team said an attacker exploited a validation flaw in the Bridge process, causing the system to incorrectly accept a transaction proof and generate the unauthorized outputs through the UTXO …

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