SYND Crashes 37% After Syndicate Network Bridge Hack

SYND Crashes 37% After Syndicate Network Bridge Hack

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Blockchain security firm CertiK reported an exploit involving the Ethereum infrastructure platform, Syndicate, after a compromise of the Commons bridge. According to CertiK, an address acquired around 18.5 million SYND tokens and sold them for approximately $330,000. The latest breach had a devastating impact on its native token. Data from CMC revealed that SYND dropped more than 37% in the past 24 hours, falling to $0.021. Syndicate Network, which develops infrastructure for application-specific blockchains with on-chain sequencers, confirmed the Commons bridge compromise on X and revealed that it is investig

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