Cysic halts crypto bridge after unauthorized mint of 10M CYS

Cysic halted its crypto bridge after an attacker unauthorizedly minted 10 million CYS tokens, raising concerns about the security of its cross-chain infrastructure. The incident threatens the token's value through potential dilution and undermines user trust in the bridge. Traders holding CYS or using Cysic's cross-chain services should watch for further disclosures on how the minted tokens are handled and whether the bridge resumes operations.