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Security Incident · BSC Ecosystem

Meter Passport Smart Contract Vulnerability: $2.30M Reported Loss

·Historical incident record

Blockaid reported an ongoing exploit of Meter.io’s Meter Passport bridge on BNB Chain.

Reported loss
$ 2,300,000
Attack category
Smart Contract Vulnerability

Incident Overview

An attacker minted a large amount of unbacked wrapped MTRG through the bridge and sold part of it on PancakeSwap. About $2,300,000 of unbacked wMTRG had been minted in roughly two transactions when the alert went out, and the attack was still ongoing.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.