Fetch.ai Bridge Exploit: What FET, AGIX and NTX Holders Must Check Now

1 day ago 4



If you hold FET, AGIX or NTX, two things need to be kept apart right now. The tokens in your own wallet were not attacked. What was attacked is the bridge used to convert legacy AGIX holdings into FET. That conversion has been frozen since September 19, and anyone who still has it ahead of them cannot get through at the moment. On the evening of September 19, 2026, the TokenConversionManagerV3 contract on Ethereum was drained of its entire FET liquidity. In the hours that followed, the same address minted hundreds of millions of new tokens belonging to three further projects. Here is the sequence, with the figures that can be evidenced, and what it means for you as an investor in Germany. What happened in TokenConversionManagerV3 on September 19 The TokenConversionManagerV3 is the Ethereum side of the official SingularityNET bridge. A token bridge is a contract that collects tokens on one chain and releases a matching amount on the other. This bridge connected Ethereum with Cardano and also served to swap legacy AGIX holdings into FET. According to the available on-chain analysis, a single call to the conversionIn function went through at 20:21:47 UTC in block 26,013,913, paying ou...

Read Entire Article