Policy Event ยท High impact

SingularityNET Exploit Mints Unauthorized AGIX And WMTX Supply

PeckShield-linked monitoring reported that an attacker exploited SingularityNET-related bridge contracts to mint 260 million AGIX and 53.83 million WMTX on Ethereum. The incident forces exchanges and liquidity venues to reassess deposit controls, contaminated liquidity, and token-supply integrity.

High impact๐ŸŒ GlobalAMLDeFiEnforcementAGIXWMTXETHSingularityNETPeckShield

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: AGIX, WMTX, ETH. Named institutions or platforms: SingularityNET, PeckShield. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related AML tracker page โ†’

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High impact๐ŸŒ GlobalTokenizationRegulationExchangeLicensingBNB

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