1 hour ago
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Key Takeaways
- Fetch.ai traced the attack to a leaked signing key.
- Approximately 8.7 million FET was removed.
- Nearly 409 million unauthorized NTX was created.
- Additional AGIX and WMTX mints were reported.
- The investigation has not reached a final conclusion.
Fetch.ai’s update changes the scope of the incident
Initial reports focused on approximately 8.7 million FET, worth around $1.5 million, removed from Fetch.ai’s TokenConversionManagerV3 contract on Ethereum.
Blockaid said the attacker presented a valid conversion-authorizer signature, allowing the contract to release its remaining FET balance. Fetch.ai has since published a preliminary onchain analysis tracing the attack path to a leaked signing key.
An on-chain analysis of the exploit is now available on ASI:One. It traces the attack from t...
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