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