Cysic
@cysic_xyz
The full-stack ComputeFi network. Cysic turns GPUs, ASICs, and compute into liquid, yield-bearing assets.
230 Following 156.1K Followers
Cysic Bridge Security Incident Update:
The Cysic cross-chain bridge has been fully restored and is now back online.
You can now resume bridging CYS between the Cysic Mainnet and other supported chains.
Thank you for your patience as we worked to restore services.
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Cysic Bridge Restoration Update:
We expect to restore our cross-chain bridge by the end of tomorrow, October 27.
We'll announce once the bridge is back online.
The 72-hour return window for 275.872 ETH has expired. On-chain records confirm three 100 ETH deposits into Tornado Cash from the identified wallet. We have preserved the evidence and will pursue legal action, including referral to law enforcement.
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Cysic Bridge Security Incident Update:
We plan to burn 7.2M CYS from Foundation Reserves by the end of October to offset the unauthorized minting and realign the token supply with our tokenomics.
The on-chain burn records will be published once confirmed.
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We’re live for our AMA.
Join now and ask any of your questions below in the replies. 👇
A message from Cysic to the party responsible for the exploit:
We are offering a 10% recovery bounty in exchange for the return of 90% of the identified ETH proceeds within 72 hours.
Failure to comply will result in escalation to law enforcement for a formal criminal investigation.
Full details and repayment instructions have been published on-chain.
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A message from Cysic to the party responsible for the exploit:
In the interest of reaching an amicable resolution, we are offering a recovery bounty of approximately 10% for your cooperation in returning approximately 90% of the identified ETH proceeds from the unauthorized minting of 10,000,000 CYS.
Specifically, return 275.872 ETH in native ETH on Ethereum mainnet to the following address controlled by the Cysic Foundation:
0xe3e8E1147a47dCf42fa73892D74928544fe5a6A9
The return window is 72 hours from the on-chain publication of this message on Ethereum mainnet.
Upon verification that 275.872 ETH was received at the designated address by the deadline, you may retain the remaining identified ETH proceeds, approximately 30.652 ETH, as the recovery bounty. This bounty is excluded from the 275.872 ETH repayment amount and does not need to be returned. We will publicly acknowledge your cooperation and consider Cysic’s ETH recovery claim under this offer resolved.
We have reconstructed the key stages of the attack and preserved the supporting technical and on-chain evidence. If the funds have not been returned by the deadline, the matter will be escalated with law enforcement to pursue a full criminal investigation.
BSC on-chain message:
ETH on-chain message:
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Catch our AMA to hear us discuss the recent security incident and answer your questions.
In 12 hours.
Our Community AMA is back this week.
Join us as we share the latest updates across our product lineup, discuss recent developments, and address community concerns surrounding recent incidents.
📅 Oct 22 · 12:30 PM UTC
Set your reminders 👇
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We are actively investigating the Oct 17 incident.
As our founder @leofanxiong shared, we plan to address the impact through token emissions.
We remain committed to transparency and will provide a detailed update in the coming days.
Thank you for your patience and support.
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Attack investigation and token emission reconciliation on-going
Cysic Service Update
The Cosmos Explorer is temporarily unavailable. Cysic mainnet operations remain unaffected. We are working to restore explorer access as soon as possible.
The cross-chain bridge remains suspended following the recent security incident. Funds associated with pending bridge transactions remain secure in the bridge contract, and pending transactions will be processed once the bridge is safely restored.
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Your deposited funds remain safe and secure.
Our team is working to complete the necessary security checks before reopening.
Thank you for your patience and understanding.
CYS Bridge Update:
All relayers remain paused, suspending cross-chain transactions.
The deposited CYS remains secure in bridge contracts and will be processed once services resume.
The bridge will reopen after all security checks are completed.
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Our Community AMA is back this week.
Join us as we share the latest updates across our product lineup, discuss recent developments, and address community concerns surrounding recent incidents.
📅 Oct 22 · 12:30 PM UTC
Set your reminders 👇
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🚨ExVul Security Incident Analysis Update
We are officially engaged in the comprehensive joint investigation and on-chain tracing for the recent security incident involving the @cysic_xyz cross-chain bridge on BNB Smart Chain.
🔍 Current Investigation Focus:
• Attack Path Analysis:
Deep-diving into the database access vector and message processing logic vulnerability.
• Fund Tracing & Monitoring:
Tracking fund flows and monitoring the blacklisted recipient address
(0xA4e1827Fe2664fD0797a55e442b2e2639449C255), which currently holds ~2.8M CYS.
• Security Remediation:
Assisting in risk validation and security hardening before bridge reopening.
We are working closely with the Cysic team to uncover the full picture. Detailed technical findings and tracing results will be published in our upcoming joint report.
Stay tuned for official updates. 🛡️
#ExVul# #Web3Security# #Cysic# #IncidentResponse# #SmartContractSecurity#
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On Oct 17, a security incident involving the unauthorized minting of 10M CYS occurred through the Cysic bridge.
Our team responded swiftly. User wallets and mainnet operations remain unaffected.
The bridge remains suspended pending security review.
Full update below. 👇
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Cysor Spotlight: Week 2
This week, @Linda3942819846 takes center stage for her active participation and dedication to spreading the word about Cysic!
Let's keep the energy going!
Who wants to be featured next?
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DogeServer packs the power of 20 DogeBox1s into one machine.
Now imagine the $CYS, $DOGE, and $LTC earning potential behind that much power.
More power. More possibilities.
Stay tuned. DogeServer is coming.
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What could you do with 20 DogeBox1s?
Just one runs 115 MH/s, 24/7.
Imagine 20x that.
Soon, you won't have to imagine.
DogeServer. Coming soon.
CyOps 2.0 is coming.
An ACP Client built for the way you want to work.
Bring your agents. Choose your models. Build your own workflow.
One interface. Endless possibilities.
The Doge Server is Coming.
From desktop compute to rack-scale infrastructure.
Something big is coming.
DogeServer.
Want to unlock that multiplier for your DogeBox1?
Watch this quick 1-minute tutorial to learn how to bind your Cysic Cube or reserve $CYS and boost your earnings.
Once you’ve got it, go to connect your wallet, and activate your multiplier.
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Got a Cysic Cube or some $CYS sitting around?
Put them to work. Bind your Cube or reserve $CYS to your DogeBox1 and unlock a multiplier in seconds.
Here’s a quick video showing you how.
Head to connect your wallet, and start boosting your rewards.
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Plug in and earn.
