Fetch.ai and NuNet Fall Victim to Same Exploiter

An attacker exploited Fetch.ai (FET) and NuNet (NTX), making off with around $2 million in assets. Security firms tied both events to the same wallet, which is linked to the address 0x1572…c362.

The attack on Fetch.ai involved a valid conversion-authorizer signature being used to call the conversionIn function on TokenConversionManagerV3. This released the converter's remaining FET inventory and left $1.56 million in losses for the protocol.

The same wallet also received a large NTX mint from the NuNet deployer account, valued at roughly $452,000. The combined activity across the wallet cluster has reached approximately $2.01 million.