Fetch.ai said on X that it is aware of reports that its token conversion contract was attacked and that its team is investigating the incident, with an update to follow as soon as possible. Earlier, Foresight News reported that a Fetch.ai Ethereum contract was under ongoing attack, with estimated losses of about $2.01 million. Of that total, roughly $1.56 million in FET was reported stolen from the token conversion contract, while another roughly $452,000 in NTX was said to have been maliciously minted. The company’s statement did not provide further technical details or a timeline for the next update, but it confirmed that an internal review is underway.
Fetch.ai said in a post on X that it is aware of reports that its token conversion contract was attacked. The team said it is investigating and will publish an update as soon as possible.
Earlier, Foresight News reported that a Fetch.ai Ethereum contract was facing an ongoing attack, with losses estimated at about $2.01 million. That figure included roughly $1.56 million in FET allegedly stolen from the token conversion contract and about $452,000 in NTX that was maliciously minted.
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