Cysic suspended its bridge after an attacker minted tokens and moved $727,000 to Ethereum. The dollar loss is small, but bridge exploits are a recurring tax on cross-chain TVL and trust. Watch liquidi

What happened: Cysic suspended its bridge after an attacker minted tokens and moved proceeds to Ethereum through Mayan, deBridge and SWFT's Bridgers. Key numbers: 10 million CYS minted; about $727,000 in proceeds bridged to Ethereum. Why it matters: The incident prompted Cysic to halt its bridge, and the funds were routed across three separate bridging services to Ethereum.

Cysic suspended its bridge after an attacker minted tokens and moved proceeds to Ethereum through Mayan, deBridge and SWFT's Bridgers.

The incident prompted Cysic to halt its bridge, and the funds were routed across three separate bridging services to Ethereum.