Cysic Halts Bridge After Unauthorized Mint of 10 Million CYS

Cysic halted its bridge after an unauthorized mint of 10 million CYS tokens, a supply-inflation and security failure for the project. Roughly 2.8 million CYS remain frozen at the recipient address, but onchain records show some of the minted tokens were sold before the blacklist took effect, meaning real market selling already occurred. Traders holding CYS should treat this as a bridge-exploit event with dilution and confidence risk, and watch whether the team can recover or burn the remaining supply.