Syndicate's Commons bridge suffered a security breach, leading to a 35% drop in the value of its SYND token. The attack was reported by PeckShield on April 29, highlighting vulnerabilities in the bridge's infrastructure.
In response to the incident, Syndicate assured users that it possesses enough tokens to compensate those affected by the loss. The company is working to address the breach and restore confidence among its community.
Syndicate's Commons Bridge Hacked, SYND Plummets 35%
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