Security· ★★★· bearish·

Meter under ongoing attack on BNB Chain as attacker mints $2.3M in wrapped MTRG

  • Attack on Meter Passport on BNB Chain is still ongoing
  • About $2.3M in unbacked wrapped MTRG minted in two transactions
  • Part of the minted tokens sold on PancakeSwap
Why it matters: The bridge exploit inflates wrapped MTRG supply and pressures the token's price while the attack continues.
Source: PANews