Syscoin Releases Bridge Security Incident Report: Recovered Funds Have Been Burned and Cross-Layer Parsing Vulnerability Will Be Fixed
Odaily reported that Syscoin released a bridge security incident report, revealing details of the UTXO-to-NEVM bridge vulnerability. It is reported that this incident caused approximately 5 billion SYS to be unauthorizedly released on the UTXO side. The relevant funds have since been returned to the official recovery address and destroyed using the standard OP_RETURN method, making them unusable by the protocol again. The reported SYS supply on-chain has been restored to the expected value. Currently, bridging functionality remains suspended, as the team is completing final reviews and fixes.
Syscoin stated that it will fix cross-layer parsing flaws, noting that the core lesson of this incident is that cross-layer systems must handle data in a standardized and unified manner, and any ambiguous bridge proofs should be considered failures by default.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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