News linked to both this project and an event.
Fetch.ai officially announced that it was hacked, with attackers breaching the system via stolen signing keys and transferring funds to withdrawal wallets. An on-chain attack analysis report tracing the complete path from the key leak to the attacker's withdrawal has been published on the ASI:One platform. Currently, Fetch.ai has collaborated with SingularityNET to disable the affected wallets and related contracts. The investigation is ongoing, and updates will be provided continuously.
According to an official tweet from the Artificial Superintelligence Alliance (@ASI_Alliance), a security vulnerability occurred in the FET token migration and bridging architecture, enabling an unauthorized party to withdraw approximately $1.56 million worth of FET from the converter. The team responded immediately and has launched an investigation in coordination with security partners.
According to PeckShield monitoring, the same attacker transferred approximately 8.7 million FET from Fetch.ai, worth about $1.53 million, and illicitly minted around 408.5 million NTX on NuNet, valued at approximately $462,700. As a result, the NTX price dropped by roughly 65%. Currently, the attacker has converted part of the involved assets into approximately 546.36 ETH, worth about $1.44 million.
According to Onchain Lens monitoring, an attack cluster transferred approximately $1.54 million worth of FET from the Fetch AI token converter on Ethereum; the cluster also received approximately $452,000 in newly minted NTX from the Nunet Global deployer. As of now, the total confirmed amount involved is approximately $2.01 million.