Fetch.ai / NuNet Cross-Project Exploit (September 2026)
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·mjrVHG…jpfNSummary
On September 20, 2026, a single attacker exploited a compromised signing key to drain approximately $1.55 million in FET tokens from Fetch.ai's TokenConversionManagerV3 contract on Ethereum, then pivoted within the same minute to mint 408.5 million unauthorized NTX tokens from NuNet, for a combined loss of roughly $2 million. PeckShield and Blockaid both confirmed the two incidents were linked to a single wallet (0x1572...c362), which converted all proceeds to 546.36 ETH. The same attacker subsequently exploited SingularityNET's cross-chain bridge, minting 260 million AGIX and 53.84 million WMTX, bringing estimated total attacker holdings to approximately $16.77 million across all three incidents.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(8 events)
20 September 2026
Attacker wallet (0x1572...c362) calls conversionIn on Fetch.ai's TokenConversionManagerV3 contract using a compromised but cryptographically valid signing key, draining approximately 8.72 million FET (~$1.55 million) in a single transaction.
KuCoin / PeckShield20 September 2026
Within the same minute as the FET drain, the same wallet mints 408.5 million NTX tokens (approximately $452,000–$462,730, representing ~42% of NuNet's total supply) through NuNet's deployer account without authorization.
KuCoin / Fetch.ai on-chain analysis20 September 2026
All stolen FET and NTX proceeds are converted to approximately 546.36 ETH (~$1.44 million), as reported by PeckShield.
KuCoin / PeckShield20 September 2026
NTX token hits an all-time low, declining between 65% and 90% intraday depending on the measurement point. FET declines approximately 5–10%.
CryptoAdventure / Coin-Turk20 September 2026
Blockaid publicly confirms both incidents are linked to a single attacker and publishes the exploiter's wallet address (0x1572...c362) and example transactions to enable exchanges to flag and block funds.
BeInCrypto via Yahoo Finance20 September 2026
Fetch.ai posts on X acknowledging reports of an exploit targeting its token conversion contract and states the team is investigating.
PANews20 September 2026
PeckShield reports the same attacker subsequently exploited SingularityNET's cross-chain bridge on Ethereum, minting 260 million AGIX and 53.838 million WMTX, with attacker holdings growing to approximately $16.77 million across all incidents.
PANews / KuCoin20 September 2026
Fetch.ai publishes a preliminary on-chain attack analysis on ASI:One platform, attributing the root cause to a compromised backend signature key for the SingularityNET cross-chain bridge. Fetch.ai and SingularityNET jointly deactivate affected wallets and contracts.
TechFlowPost / KuCoinDecision Log
- hash: AsocUWmZwvN7VUCZHA2fDyZAwAuqoit6o2NshtMLNxUD
This investigation is cryptographically anchored to the Solana blockchain (1 event). 10 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/20/2026, 12:07:26 PM
last updated: 9/20/2026, 4:06:12 PM
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