Cysic suspends bridge after attacker mints tokens and moves $727,000 to Ethereum

Cysic suspended its bridge after an attacker minted 10 million CYS tokens and bridged roughly $727,000 in proceeds to Ethereum via Mayan, deBridge and SWFT's Bridgers. The exploit is a direct hit to Cysic's token supply integrity and cross-chain security, and the bridge halt limits users' ability to move assets. Traders holding CYS face dilution and confidence risk, while the incident reinforces concerns about bridge vulnerabilities across the broader DeFi ecosystem.