Latest News and Articles about UTXO Bridge

Syscoin Pauses Bridge After Exploit Mints 5 Billion Unauthorized SYS Tokens

8 June 2026 Daily Feed Bridge Exploit, Syscoin, Unauthorized SYS, UTXO Bridge

Syscoin has paused its bridge after an exploit minted around 5 billion unauthorized SYS tokens, turning a validation flaw into a supply nightmare and another ugly reminder that crypto bridges are still a juicy target. Bridge paused after a security incident ~5 billion unauthorized SYS minted Validation flaw accepted a bad transaction proof UTXO Bridge […]

Syscoin Bridge Paused After Flaw Allegedly Minted 5 Billion Unauthorized SYS Outputs

8 June 2026 Daily Feed Bridge Exploit, Cross-Chain Bridges, Syscoin, UTXO Bridge

Syscoin has paused its bridge after a validation flaw reportedly allowed the creation of roughly 5 billion unauthorized SYS outputs through its UTXO bridge path. That’s not a typo. One broken verification step, and the accounting starts looking like it was done by a toddler with a mint button. Bridge paused after a security incident […]