Cysic Bridge hacked, 10 million tokens minted, $727,000 of f

2026-10-20 03:54 · 10 sources

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Over the past 24 hours, attention in the Ethereum ecosystem has centered on two lines: protocol upgrades and institutional access. The Ethereum client teams confirmed that they will launch Glamsterdam upgrade testing on the Hoodi testnet on October 26, while discussion of the network's 200M Gas limit is nearing a decision point; JPMorgan announced the expansion of its deposit token JPM Coin to Ethereum, open to institutional clients, with several media outlets describing it as a landmark move for bank funds entering public blockchains. On the market side, Bitmine announced the addition of 12,535 ETH, corresponding to a scale of about $30 million; its founder Tom Lee attributed the recent crypto market drawdown to market concerns about artificial intelligence, while BMNR stock weakened over the same period. In terms of risk events, Cysic Bridge was exploited, with 10 million tokens minted and $727,000 in funds transferred to Ethereum. On the regulatory front, the European Banking Authority placed USDC within the scope of significant-token supervision, while US prosecutors brought a lawsuit involving a $50 million theft case against a New York node operator based on IP tracking.

October 20, 2026 Ethereum News Roundup

• [10-19 12:30] Cysic Bridge Exploit Creates 10 Million Tokens Before $727,000 Moves To Ethereum（Bitcoinist）
• [10-19 12:00] Sam Altman’s Worldcoin: How VanEck, MrBeast, and Wall Street Capitalize on Exploited Biometrics（CryptoNews）
• [10-19 11:12] US prosecutors use IP tracking to have New York node operator testify in court, involving a $50 million theft case（Wu Blockchain）
• [10-19 19:00] German Savings Banks Begin Crypto Trading Rollout Inside Sparkassen App（NewsBTC）
• [10-19 07:21] JPMorgan expands its deposit token JPM Coin to Ethereum, open to institutional clients（PANews）
• [10-19 18:20] Elon Musk Promises Every US Child a SpaceX Share（BeInCrypto）
• [10-19 18:17] NVIDIA validates quantum error‑correction technique; says physical qubit requirement could fall ~90%（金十数据）
• [10-19 18:16] The Math Behind the $210 XRP Price Target（CryptoNews）
• [10-19 17:55] Bitmine Boosts Ether Holdings as Tom Lee Blames AI Fears for Crypto Dip（Bitcoin.com News）
• [10-19 17:31] JPMorgan's JPM Coin Arrives on Ethereum, Putting Bank Dollars on a Public Blockchain（Decrypt）
• [10-19 17:00] Ethereum Sets October 26 Hoodi Test For Glamsterdam Upgrade As 200M Gas Limit Nears（NewsBTC）
• [10-19 16:48] Ethereum Price Forecast as JPMorgan Brings JPM Coin to the Network（CoinGape）
• [10-19 16:00] European Banking Authority Puts USDC Under Significant-Token Supervision（NewsBTC）
• [10-19 15:53] BNB Price Prediction Targets $750 after 37th Quarterly Burn Removes 1.65M BNB（CoinGape）
• [10-19 15:25] AI startup Tenstorrent completes a $1.5 billion Series E round, with Tether among participants（PANews）
• [10-19 15:17] MrBeast’s New Banking App Step Shows No Signs of Crypto（Bitcoin.com News）
• [10-19 15:13] Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line（Decrypt）
• [10-19 15:00] As of the 23:00 close, China’s most-acti（金十数据）
• [10-19 14:41] Tether Investments participates in AI chip company Tenstorrent's $1.5 billion Series E round（Wu Blockchain）
• [10-19 14:25] Tom Lee’s Bitmine Announces 12,535 ETH as BMNR Stock Falls（CoinGape）