《SingularityNET Attack Review: 2.3 Billion Tokens Minted Out of Thin Air, Attacker Cashed Out Approximately $2.29M》 The attacker exploited compromised signatures and minting permissions to transfer around 8.72 million FET and unauthorizedly minted approximately 2.3 billion AGIX, NTX, WMTX, and CGV tokens. The article reconstructs the transactions step by step, distinguishing between the token's nominal valuation and the actual liquidated amount, revealing that the attacker obtained liquid assets totaling around $2.29 million, while a large number of minted tokens remain unsold. The incident highlights issues such as cross-chain bridge reliance on off-chain signatures, lack of independent verification, and absence of cap constraints. It also raises follow-up challenges, including the illegal minted tokens entering the market, impaired cross-chain redemption capabilities, and difficulties in determining token swap eligibility. Read the full article: https://(wublock123.com)/articles/singularitynet-exploit-23b-tokens-minted-attacker-cashed-out-229k-59580