Daily Brief

Web3 Daily Exploits — 20 Sep 2026: Fetch/NuNet/ASI Leaked Keys ~$2.1M+

Leaked privileged private keys enabled the same attacker cluster to drain ~8.72M FET (~$1.53–1.56M) from Fetch.ai’s TokenConversionManagerV3, mint ~408.5M NTX (~$450–463k) via NuNet’s deployer, and unauthorized-mint large AGIX + WMTX quantities on SingularityNET/World Mobile. Combined primary loss ~$2.1M+; attacker holdings later marked ~$16.8M by PeckShield.

Jacobo Avariento

Jacobo Avariento

— 9 min read
Web3 Daily Exploits — 20 Sep 2026: Fetch/NuNet/ASI Leaked Keys ~$2.1M+

Required monitors were checked through the 20 Sep 2026 America/Panama cutoff: DefimonAlerts, CertiKAlert, Phalcon, GoPlusSecurity, SlowMist_Team, PeckShieldAlert, BlockSecTeam, Lookonchain, ZachXBT, CyversAlerts, Immunefi, and rekt.news. One material first-report cluster landed in this slice: leaked private keys belonging to privileged ASI-ecosystem accounts enabled a single attacker cluster to drain Fetch.ai’s Ethereum TokenConversionManagerV3 of ~8.72M FET, mint ~408.5M NTX from NuNet’s deployer, and execute unauthorized AGIX and WMTX mints linked to SingularityNET / World Mobile Chain. Phalcon marked total losses exceeding $2.1M; PeckShield initially printed ~$2M (FET + NTX) and later tracked attacker holdings near $16.77M after the AGIX/WMTX activity. Combined live-loss scored on this card is approximately $2.1M+ for the primary FET drain + NTX mint. Prior-day quiet window and FomoPeek malware advisory remain on the 19 Sep brief and are not re-scored.

All dollar figures below are amounts still outside the affected parties’ control unless a return transaction is cited. Final reconciliation of minted supply, exchange freezes, and any recovery remains open.

Fetch.ai / NuNet / SingularityNET (ASI cluster) — Ethereum — Confirmed

What happened: On 19–20 Sep 2026 the same attacker cluster, using leaked private keys of privileged accounts (Fetch.ai conversion-authorizer and NuNet deployer among them), executed authorized privileged operations. TokenConversionManagerV3 conversionIn() accepted a valid ECDSA signature from the compromised authorizer with no hard-cap enforcement and no on-chain burn/lock proof, draining the entire FET balance of the converter in one call. The same actor then minted large quantities of NTX via the compromised NuNet deployer and later performed unauthorized AGIX and WMTX minting activity tracked to SingularityNET / World Mobile Chain contracts.

Protocol / chain / asset: Ethereum. Fetch.ai TokenConversionManagerV3 (FET). NuNet deployer / mint path (NTX). SingularityNET-related AGIX and World Mobile Chain WMTX minting. Compromised accounts cited by monitors include conversion authorizer 0x69e5446b07b23de0a76730062c3252152216c85c and NuNet deployer 0x863F13e5B505f1Eb17803b94EC9d3DaF80092165. Attacker / primary recipient cluster includes 0x1572F2af7696b39c85E3221CDE8EFb640F86c362 and payout wallet 0x2dcc1085fDCf418B421E45e86e4e54637cc21dfE.

Loss: Card primary mark ~$2.1M+ (Phalcon >$2.1M; PeckShield / SlowMist / GoPlus / Blockaid ~$1.53–1.56M FET + ~$450–463k NTX). FET taken: 8,721,530 FET. NTX minted: ~408.5M (~42% of supply per some reports). Subsequent PeckShield tracking of the same exploiter after AGIX (260M minted, ~198.3M held) and WMTX (53.838M minted, ~33.5M held) activity placed total holdings near $16.77M (AGIX ~$14.42M + ETH ~$1.67M + WMTX ~$627k). NTX price collapsed 65–95% on the mint; FET declined mid-single digits. No return hash located before cutoff.

Attack type: Privileged-key compromise / leaked private key. Not a novel smart-contract logic bug in the classic sense; conversionIn() performed as designed once a valid authorizer signature was supplied. Mint paths similarly executed under control of the compromised deployer key.

Technical details: SlowMist: TokenConversionManagerV3 conversionIn() leaves single-EOA ECDSA signature as the sole authorization check; lacks the checkLimits(amount) modifier present on conversionOut(); does not verify on-chain burn/lock proof. Attacker signed a fresh message for their own address, passed the check, and drained the bridge’s entire FET balance. GoPlus and PeckShield independently linked the same wallet cluster to the subsequent NTX mint and later AGIX/WMTX activity. Fetch.ai published a preliminary on-chain analysis on ASI:One tracing the path from compromised signing key to cash-out wallets and, together with SingularityNET, deactivated affected wallets and contracts. World Mobile Chain issued a security notice on unauthorized WMTX minting via the SingularityNET bridge path and stated it was contacting exchanges and revoking mint authorities.

Explorer links:

Status: Confirmed by SlowMist, Phalcon, GoPlus, PeckShield, Blockaid and official Fetch.ai statement. Affected wallets and contracts deactivated jointly by Fetch.ai and SingularityNET. World Mobile Chain responding on WMTX side. Final loss, recoveries and full mint reconciliation still open. Attacker has swapped a substantial portion of FET/NTX proceeds into ETH.

Sources: https://x.com/SlowMist_Team/status/2101503515877396639, https://x.com/Phalcon_xyz/status/2101520178047787148, https://x.com/GoPlusSecurity/status/2101587915230871570, https://x.com/PeckShieldAlert/status/2101457227379044822, https://x.com/PeckShieldAlert/status/2101602701251334368, https://x.com/Fetch_ai/status/2101564803533926694, https://x.com/Fetch_ai/status/2101595159054131393, https://x.com/wmchain/status/2101538765332431188

Also noted

  • FomoPeek iOS malware (UPDATE, not re-scored): SlowMist / OKX advisory on FomoPeek App v1.1–1.2 remains on the 19 Sep brief; client-side key theft, not a protocol drain.
  • Nostra / Nimiq / Likwid (UPDATE, not re-scored): ~$3.5M + ~$50.4k + 74.31 BNB remain on the 18 Sep brief.
  • RISEx XLP white-hat offer: Defimon surface of an improved white-hat return offer on the 3 Aug 2026 unauthorized withdrawal already disclosed by the project; not a new first-report drain in this window.
  • Lookonchain / ZachXBT: market-flow and investigative notes only; no new protocol-drain first-reports scored here.
  • CertiKAlert, CyversAlerts, Immunefi, rekt.news: no additional first-report smart-contract drain with a fresh loss figure beyond the ASI cluster after the 19 Sep brief cutoff in the required-monitor set.

Sources & references

Editor’s note: Card live-loss is this window’s confirmed realized protocol drains / unauthorized mints only (~$2.1M+ primary FET + NTX; AGIX/WMTX mint activity tracked separately with attacker holdings ~$16.8M per PeckShield). Prior-day items remain on their original briefs and are carried as status only. White-hat and bounty claims are recorded as claims. No how-to or exploit reproduction steps. Stay tuned or stay rekt.

Read more