Hackers exploit SingularityNET flaw, mint 260M AGIX and 53.838M WMTX on Ethereum
AI Market Summary
A reported exploit of a SingularityNET vulnerability enabled unauthorized minting of large AGIX and WMTX amounts on Ethereum, with the attacker holding ~$16.77M in assets. The incident elevates smart-contract and bridge-adjacent security concerns, likely pressuring the affected tokens and related AI/DeFi sentiment while increasing counterparty and governance-risk scrutiny across connected ecosystems.
Impact level
● Medium
Affected assets
NCSKCRDO2USD/USDT-0.06%
AI Insight · NCSKCRDO2USD/USDTAI Insight
▼ Bearish
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PeckShield said it detected that on Sept. 20 (UTC+8), the hacker previously linked to attacks on Fetch.ai and NuNet exploited a vulnerability in SingularityNET, minting 260 million AGIX and 53.838 million WMTX without authorization on the Ethereum network. The attacker is currently holding about $16.77 million in crypto assets, including 198.3 million AGIX valued at roughly $14.42 million, 649 ETH worth around $1.67 million, and 33.538 million WMTX worth about $627,400. Source: BlockBeats.
