SYND Crashes 37% After Syndicate Network Bridge Hack

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 funds were then bridged to Ethereum. Syndicate Promises User Compensation The latest breach had a devastating impact on its native token. Data from …