Hackers exploit SingularityNET flaw, mint more than 313 million tokens valued at $16.77 million
AI Market Summary
PeckShield reports an exploit of a SingularityNET vulnerability enabling unauthorized minting of 260M AGIX and 53.838M WMTX on Ethereum, with the attacker holding ~$16.77M in assets (AGIX, ETH, WMTX). The incident raises immediate concerns around token supply integrity, smart-contract risk, and potential secondary-market liquidation pressure, likely worsening near-term sentiment across affected AI/agent token niches.
Impact level
● High
Affected assets
AGLD/USDT+0.26%
AI Insight · AGLD/USDTAI Insight
▼ Bearish
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Odaily Planet Daily reported that PeckShield monitoring shows the same hacker previously linked to attacks on Fetch.ai and NuNet exploited a vulnerability in SingularityNET to mint tokens without authorization on Ethereum. The attacker minted 260 million AGIX and 53.838 million WMTX. PeckShield estimates the wallet now holds about $16.77 million in crypto assets, including 198.3 million AGIX worth roughly $14.42 million, 649 ETH valued at about $1.67 million, and 33.538 million WMTX worth around $627,400.
