Cysic dangles a 10% bounty, hacker pours loot into Tornado Cash

Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems. Cysic Foundation is investigating an unauthorized issuance on BNB Smart Chain and said the mint size alone does not establish the incident’s dollar impact. The foundation said in a Sunday X incident report that its cross-chain bridge was suspended after an attacker exploited a processing flaw to mint 10 million CYS on BNB Smart Chain on Saturday, with preliminary findings pointing to unauthorized access to a database supporting the bridge. The mint occurred at 12:31:38 UTC on Oct. 17, and Cysic added the recipient address to the token contract’s blacklist at 13:47:52 UTC. About 2.8 million CYS remained at that address, with transfers restricted. There are roughly 160.8 million tokens in circulation, according to CoinMarketCap data. CYS coordinates incentives for users, compute providers, governance participants and contributors in Cysic’s network, according to the project’s tokenomics documentation. Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.

New York Attorney General Letitia James has asked a court to order defunct crypto and forex trading platform NovaTech’s founders, Cynthia and Eddy Petion, and related companies to pay $1.37 billion over its Ponzi scheme. The AG is seeking the return of about $1.13 billion in investor funds, plus $232.5 million in interest, according to a Thursday court filing. The court found the Petions and the companies liable by default in August 2025 after they failed to respond to the lawsuit. Four people who recruited investors into NovaTech have separately agreed to pay nearly $6 million in settlements intended to benefit victims, according to the AG’s office. More than 11,000 New Yorkers lost tens of millions of dollars through NovaTech and an earlier crypto mining scheme, AWS Mining, the AG’s office said. The complaint alleged that promoters targeted Haitian and other immigrant communities through prayer groups, social media and WhatsApp, promising high returns and recruitment bonuses. The filing says that investors deposited about $1.16 billion into NovaTech’s crypto wallets between August 2019 and May 2023.

Open this photo in gallery:The Home of the Week is a Regency-inspired cottage that isn't nearly as old as it looks. Mitchell Hubbel/Modern Movement Creative Inc. This week: A luxury hotel firm stirs up debate in a quaint Ontario town and developers get more creative with their perks to lure buyers. Plus, why you should pay off your mortgage before you retire, and one property worth a look. Take our business and investing news quizIn depthA luxury hotel firm and a quaint Ontario villageOpen this photo in gallery:An influx of new money, people and tourism have many in Elora wondering whose town it is. Sammy Kogan/The Globe and MailIt’s easy to see why Elora was one of the first places I was told to visit when I spent a summer in Toronto. The historic former mill town has reinvented itself as a high-end tourist destination perfect for weddings and weekend getaways. But behind the town’s picturesque exteriors, the growing presence of a luxury hotel company has sparked a debate about who gets to decide how a community grows and changes. As Greg Mercer reports, Kat Florence seems to divide the village as deeply as the gorge that runs through it.

Higher benefit checks, new earnings limits, and a 3.6% COLA are on the way. Here is everything you need to know to prepare for 2027.