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Cysic Suspends Bridge After Unauthorized 10M CYS Token Minting

Cysic has halted its bridge operations following a security incident where 10 million CYS tokens were illicitly minted on the BNB Chain.

Cysic has halted its bridge operations following a security incident where 10 million CYS tokens were illicitly minted on the BNB Chain. BNB (BNB) is trading at ₹67,781 ($712.92), down 0.6% since this brief published. This is an original Token Times brief synthesising 2 outlets (Crypto.news, Cointelegraph), plus live market data, as of Sun, 18 Oct 2026 15:00:02 UTC.

Why it matters

The incident highlights vulnerabilities in cross-chain bridge security and the potential for significant token supply manipulation, affecting user trust and asset value.

Covered by 2 outlets over about 2.4 h — Token Times synthesises them all into one brief
  1. Cointelegraph
    Cysic crypto bridge halted after unauthorized mint of 10M CYS ↗
  2. Crypto.news
    Cysic halts bridge after hacker creates 10 million CYS ↗
Key takeaways
  • Cysic bridge suspended after 10M CYS tokens were illicitly minted.
  • BNB Chain affected but mainnet and other systems remain secure.
  • 2.8M tokens have been restricted, with losses still under review.
  • BNB price down 0.29% amid broader market stability.
What the reporting agrees on

Both Crypto.news and Cointelegraph report that Cysic has suspended its bridge after an unauthorized minting of 10 million CYS tokens on the BNB Chain. They agree that 2.8 million tokens have been restricted and that the incident was limited to the bridge's message processing and minting functions. However, Crypto.news specifically mentions that losses are under review, a detail not emphasized by Cointelegraph, which focuses more on the technical aspects of the breach.

Cysic has temporarily halted its bridge operations following a security breach where 10 million CYS tokens were illicitly minted on the BNB Chain. The incident was detected after the unauthorized minting, prompting immediate action to suspend the bridge and restrict the affected tokens.

According to Cysic, the breach was limited to the bridge's message processing and minting functions and did not impact the mainnet or other operational systems. This suggests that the core infrastructure of the platform remains secure, although the incident has raised concerns about the security of cross-chain bridges.

The unauthorized minting resulted in the creation of 10 million CYS tokens, with 2.8 million of these tokens already restricted. The full extent of the losses is currently under review, according to Crypto.news. This incident highlights the potential risks associated with cross-chain interoperability and the need for robust security measures.

The broader crypto market remains relatively stable, with the total market cap at $2.79 trillion. Bitcoin is down 0.04% in the last 24 hours, while the Fear & Greed Index stands at 53, indicating a neutral sentiment. BNB, the native token of the BNB Chain, is also experiencing a slight decline, down 0.29% in the last 24 hours and 4.13% over the past week.

The incident underscores the challenges faced by blockchain projects in ensuring the security of their platforms, particularly those that facilitate cross-chain transactions. As the investigation continues, Cysic will likely focus on strengthening its security protocols to prevent similar incidents in the future.

Market reaction since this brief Live

Since this brief published about 2 hours ago, BNB (BNB) has moved from ₹68,171.16$717.02 to ₹67,781.35$712.92 — -0.57%.

$712.35$713.66$714.97$716.28$717.59 published · $717.02 now · $712.92 (-0.57%) Oct 18 13:10 UTC Oct 18 15:00 UTC
BeforeSince publishPublished · ₹68,171.16$717.02

The chart plots BNB's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 BNB ≈ ₹75,355.64 (about $712.92), down 1.1% over 24 hours. The rupee itself trades about 11.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

BNB
#4
₹67,781.35$712.92 ▼ 1.15%
-0.57% since this brief published
7d -4.13%MCap ₹9.03TFull BNB data →
The market when this published · October 18, 2026
Total market cap₹265.61T
Bitcoin 24h-0.04%
Ethereum 24h-1.23%
BTC dominance58.6%
Fear & Greed53 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 18, 2026.

SectorCross-chain bridges$10.54Bacross 30 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Cysic Suspends Bridge After Unauthorized 10M CYS Token Minti — questions & answers

What is the current status of the Cysic bridge?

The Cysic bridge has been temporarily suspended following the unauthorized minting of 10 million CYS tokens.

How many tokens were affected by the breach?

10 million CYS tokens were illicitly minted, with 2.8 million tokens restricted so far.

What systems were impacted by the breach?

The breach was limited to the bridge's message processing and minting functions; the mainnet and other systems remain unaffected.

How much is 1 BNB worth in rupee today?

About ₹75,355.64 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $712.92. The rupee price moves with both BNB's US-dollar price and the USDT/INR rate; use our BNB in rupee page for any amount.

Has BNB's price moved since this brief was published?

BNB is down 0.57% since this brief first published — trading at ₹67,781 ($712.92) now versus ₹68,171 ($717.02) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto.news, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 18, 2026 ⛓ Timestamped at Bitcoin block #972,003 sha256:fe2a4f5b88110843
Corroborated across 2 outlets, reported over about 2.4 h — this is an original Token Times summary with live market data, not the original article.Cointelegraph · Oct 18 10:46 ↗Crypto.news · Oct 18 13:10 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.