ME News reports that on September 24 (UTC+8), Blockaid detected an attack on Meter on the BNB Chain, where the attacker exploited Meter Passport to mint a large amount of unsponsored wrapped MTRG and sold portions of the tokens on PancakeSwap. To date, the attacker has minted approximately $2.3 million worth of unsponsored wrapped MTRG through about two transactions, and the attack is ongoing. (Source: Foresight News)
Blockaid: Meter Exploited, $2.3M in Unsecured Wrapped MTRG Minted
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Summary
On-chain news reveals that Meter suffered an exploit on the BNB Chain on September 24 (UTC+8), as reported by MetaEra. Attackers used Meter Passport to mint unsecured wrapped MTRG, with approximately $2.3 million in tokens created across two transactions. Some of the tokens were sold on PancakeSwap, and the attack is still ongoing. Crypto news platforms such as Foresight News have been monitoring the incident.
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