Fetch.ai Loses $2M After Security Flaw Discovered
Key Highlights Fetch.ai suffered an approximately $2 million exploit targeting its TokenConversionManagerV3 smart contract via a flawed conversionIn() function and a leaked private key. The breach drained the contract’s entire FET token balance, prompting a market pause with reported trading volume dropping to $0 amid trader uncertainty. Security firm SlowMist Team flagged the vulnerability, underscoring ...