THEO Bridge Exploit After $1.76M ETH Transfer, Price Drops 92%

Autheo Network’s THEO token plunged 92% to $0.006262 within 24 hours after a suspected exploit on Base. PeckShield reported that 19 million THEO tokens were minted on Base on October 12, 2026. Autheo confirmed a security investigation and urged users not to buy, sell, or bridge THEO until an official all-clear. Autheo Network’s native (THEO) token has crashed around 92% in 24 hours following a suspected cross-chain mint exploit on Base. Blockchain security platform PeckShield reported that 19 million THEO tokens were minted and swapped for ETH.