NTX Plummets 65% Amid Fetch.ai and NuNet Attack

A report revealed that approximately $2.01 million (about ₩279 billion) in assets were linked to an attack targeting Fetch.ai and NuNet. NuNet's NTX token dropped by roughly 65% as reported. Blockaid stated that a valid conversion approval signature was used on Fetch.ai's Ethereum-based TokenConversionManagerV3 contract, resulting in about $1.56 million (approximately ₩216 billion) in FET tokens being drained. Subsequently, the same attacker wallet received approximately 48.5 million NTX tokens issued from NuNet's deployer account, valued at around $452,000 (about ₩630 million). PeckShieldAlert reported that the attacker converted some of the associated assets into 546.36 ETH, which was valued at approximately $144,000 (about ₩2 billion) at the time.