Seventy-six minutes passed between the unauthorised mint and the freeze, and in that time the damage was already done. On Saturday, October 17, 2026, at 12:31:38 UTC, ten million CYS came into being on BNB Smart Chain without anyone having deposited a single token. The Cysic Foundation added the recipient address to the token contract's blacklist at 13:47:52 UTC. By then, 7.2 million of the new tokens had already left the address, around 72 percent of the mint.
The bridge the attack ran through has been switched off since, and the foundation has named no date for a restart. For holders that is the real point: what decides the fate of the rest of a position is not the price swing but the question of which blockchain your own tokens sit on and who is allowed to create them there.
What happened in the 76 minutes between mint and blacklist
The chronology can be read off the movements on the blockchain, and it is tightly timed. Five minutes after the mint, at 12:36 UTC, the first selling round began: 5.65 million CYS went out within five minutes for 588,315 USDT, at an average of about ten cents per token. At 12:44 UTC, 100,000 USDT...
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