Map Protocol Cross-Chain Bridge Hacked, Attackers Steal $110,000

iconAiCoin
Share
This is the logo of the coin.
ETH
$1,906.82-0.15%
This is the logo of the coin.
UNI
$4.01-1.24%
AI summary iconSummary
Map Protocol Cross-Chain Bridge Hacked, Attackers Steal $110,000 in On-Chain News According to AiCoin, the Map Protocol/Butter Network cross-chain bridge was compromised on Ethereum and BSC. Attackers exploited the Butter Bridge V3.1 contract to mint approximately 1,000 trillion MAPO tokens to a new EOA address—4.8 million times the legitimate supply. According to DeFi community YAM, the attackers acquired around 52.2 ETH (approximately $110,000). Map Protocol stated that the team is collaborating with external security partners to investigate and contain the incident, has paused MAPO ERC-20 bridging to mainnet, and warned users not to trade MAPO ERC-20 tokens on Uniswap. A protocol update is expected shortly.

According to Blockaid monitoring, the Map Protocol/Butter Network cross-chain bridge was attacked on Ethereum and BSC. The attacker tricked the Butter Bridge V3.1 contract into minting approximately 1 quadrillion MAPO tokens to a newly created EOA address—roughly 4.8 million times the legitimate supply of 208 million MAPO tokens. According to DeFi community YAM monitoring, the attacker has profited approximately 52.2 ETH (around $110,000). Map Protocol stated that the team is investigating and containing the incident in collaboration with external security partners; MAPO ERC-20 bridging to the mainnet has been suspended, and users are advised not to trade MAPO ERC-20 tokens on Uniswap.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.