Fetch.ai Suffers $2M Loss Following Security Flaw Discovery

Fetch.ai and NuNet hit in attacks linked to a compromised private key

An attacker has taken around $2 million from the infrastructure connected with Fetch.ai and NuNet. Both attacks were linked by security firms to the same attacker wallet. Preliminary analysis of Fetch.ai revealed that the attacker used signing credentials that were compromised to gain access to the infrastructure. While a theft of $2 million may be...

SingularityNET Crashes Over 99% In 24 Hours Due To Exploit

The same hacker behind the Fetch.ai and NuNet exploits illegally minted 260 million AGIX on SingularityNET. The event wiped $93 million in AGIX’s market cap as traders and investors dumped the asset. Another chain was hit by a massive exploit that drained millions of dollars in crypto assets. On Sunday, SingularityNET (AGIX), a blockchain-powered platform that lets anyone easily create, share, and monetize artificial intelligence (AI) services, …

FET Price Tanks After SingularityNET Bridge Exploit Triggers Conversion Pause

TLDR: Fetch.ai says its contracts remain unaffected while the exploit targets SingularityNET bridge infrastructure. An unauthorized party withdrew about $1.56 million in FET from the converter, according to the alliance. AGIX-to-FET conversions remain paused while teams review the bridge and related migration contracts. FET trades near $0.1773, while chart support sits at $0.1697 and major [...]

Fetch.ai contains exploit while NuNet's NTX crashes 95%

The Fetch.ai exploit drained near 1.56 million dollars through one signature while NTX crashed 95 percent. Why the ParadiseTeam still reads BTC risk-first.

A Forged Signature Drained Fetch.ai and Crashed NuNet's NTX Token

An attacker exploited a compromised signing key on Fetch.ai's TokenConversionManagerV3 to drain 8.72 million FET worth $1.55 million, then used a stolen minting key on NuNet to print 408.5 million unauthorized NTX tokens, crashing the token up to 95%. Fetch.ai is now working with SingularityNET to deactivate the affected wallets and contracts.