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SingularityNET (AGIX/WMTx Bridge Key Compromise)

avoid.net/singularitynet-agix-wmtx-bridge-key-compromise12/100·75% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

Summary

In September 2026, a compromised offline signing key used to authorize cross-chain conversions on the linked Fetch.ai/SingularityNET/NuNet/World Mobile token-bridge stack allowed an attacker to drain FET from Fetch.ai's TokenConversionManagerV3 contract and illegally mint hundreds of millions of AGIX, NTX, and WMTx tokens. The exploit caused AGIX's price to collapse over 99% within 24 hours, wiped an estimated $93 million in AGIX market capitalization, and left the attacker holding an estimated $16.77 million across five tokens. As of the most recent reporting, SingularityNET had not issued a standalone public incident statement, and the compromised authorizer key reportedly remained unrotated more than 48 hours after the exploit began.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

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Timeline(8 events)

19 September 2026

Attacker uses a compromised bridge conversion-authorizer key to call conversionIn on Fetch.ai's TokenConversionManagerV3 contract, draining approximately 8.72 million FET (~$1.53-1.55M) at 20:21:47 UTC.

Crypto Times

September 2026

Using a separately compromised, reportedly dormant 2023 NuNet minter key, the attacker mints 408.5 million NTX (about 42% of total supply) roughly 29 minutes after the FET drain.

Crypto Times

September 2026

World Mobile Chain publicly confirms exploitation of the SingularityNET cross-chain bridge, roughly 8-9 hours after the initial drain.

Crypto Times

September 2026

Fetch.ai issues its first public acknowledgment of "converter-related" incident reports, approximately 10 hours after the initial exploit transaction.

Crypto Times

September 2026

On-chain analytics firm PeckShield reports that the same attacker had illegally minted 260 million AGIX and 53.838 million WMTx on Ethereum via the compromised SingularityNET bridge.

Crypto Times

September 2026

Fetch.ai pauses its Ethereum-side bridge contract and freezes the AGIX-FET migration contract as a precautionary measure.

Crypto Economy

September 2026

AGIX price collapses more than 99% within 24 hours of the mint, wiping an estimated $93 million in market capitalization; NTX falls to a reported all-time low.

Blockzeit / Coinotag

September 2026

PeckShield and subsequent reporting place total attacker-controlled value across five tokens at approximately $16.77 million, with roughly $2.25 million already realized through sales; the compromised authorizer key reportedly remains unrotated.

Crypto Times
Provenance & Audit Trail
7 Wayback Archives

7 of 12 cited source URLs have an Internet Archive snapshot.

model: claude-code-investigator

generated: 9/22/2026, 5:07:33 PM

last updated: 9/22/2026, 5:16:54 PM

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