Blockaid flags ongoing Fetch.ai-linked token exploit; ~$17M drained, 2.3B tokens minted across five assets

Blockaid reports an ongoing exploit on the Fetch.ai token contract on Ethereum, with ~$2.01M drained via a valid conversion-authorizer signature. PeckShield says the attacker targeted Fetch.ai, NuNet and SingularityNET-linked infrastructure, minting or draining 2.3B tokens across five assets, with unrealized profits at ~$17M. Fetch.ai says no FET contract is affected and the attack targets SingularityNET.

Detected & updated continuously · Source: Nebula

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