Meter Passport on BNB Chain targeted in attack, approximately $2.3 million worth of wMTRG minted. According to Blockaid monitoring on September 24, Meter.io’s Meter Passport on BNB Chain is under attack. The attacker has massively minted unbacked wrapped tokens (wMTRG) via cross-chain channels and has already sold部分 tokens on PancakeSwap. To date, the attacker has minted approximately $2.3 million worth of wMTRG through around two transactions, and the attack is ongoing.
Attack on Meter Passport on BNB Chain Results in $2.3M wMTRG Minted
JinseShare
Summary
On-chain reports indicate an attack on Meter Passport on the BNB Chain, resulting in the minting of approximately $2.3 million in wMTRG. Attackers are exploiting cross-chain channels to create uncollateralized wrapped tokens and have already sold portions on PancakeSwap. So far, two transactions have been used to mint the tokens, and the attack remains active. Crypto news platforms such as Jinse Finance are closely monitoring the incident.
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