Back to all news
Web3

Cysic Burns 7.2 Million CYS to Offset Unauthorized BNB Smart Chain Mint

TokenPost·October 28, 2026·1 min read
Cysic Burns 7.2 Million CYS to Offset Unauthorized BNB Smart Chain Mint

Cysic burned 7,200,002 CYS tokens on BNB Smart Chain in two confirmed transactions. The burn offsets an unauthorized mint and restores the network's supply to its tokenomics model. This action aims to correct the token balance and maintain the integrity of the CYS ecosystem.

Read at TokenPost
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store