Cryptocurrency Attacker Strikes Fetch.ai and NuNet for $2 Million

A security incident has shaken the cryptocurrency market after an attacker exploited both Fetch.ai and NuNet, netting approximately $2 million in losses. On September 19, 2026, about 8.7 million FET was transferred from Fetch.ai's TokenConversionManagerV3 contract, followed by the minting of approximately 408.5 million NTX tokens from a NuNet deployer account just 28 minutes later.

The combined value of the affected assets was estimated at around $2 million, with the attacker converting part of the proceeds into 546.36 ETH, valued at about $1.44 million at the time.

NTX suffered a sharp market decline, falling by about 65% during the initial phase of the incident, according to reports.

The incident expanded when PeckShield reported unauthorized minting involving SingularityNET's AGIX token and World Mobile's WMTx token on Ethereum. The attacker was estimated to have minted approximately 260 million AGIX and 53.838 million WMTx tokens.