
PANews April 29 news, Syndicate posted on the X platform stating that the team is investigating the unusual liquidity of the SYND token, which may indicate a security issue. The official recommends that users do not provide any liquidity until the issue is resolved. In addition, Syndicate confirms that the Commons cross-chain bridge has been compromised, and the team is tracking the attack path and working with a security company, while also researching a plan to compensate users. Syndicate stated that it has sufficient token reserves to assist users who lost SYND.
Earlier news, according to CertiK monitoring, Syndicate has lost about 330 thousand dollars due to the attack on the Commons cross-chain bridge.
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