๐จ UNCOLLATERALIZED MINT EXPLOIT HITS $MTRG BRIDGE WITH MILLIONS DRAINED ON-CHAIN! โ ๏ธ
On-chain security trackers just flagged an active cross-chain exploit targeting the Meter Passport bridge on
$BNB Chain. ๐จ The attacker successfully minted uncollateralized $MTRG tokens across multiple transactions, dumping roughly $2.3 million in synthetic value straight into liquidity pools.
Exploit vectors of this scale trigger heavy order book slippage and immediate downside pressure as unauthorized supply floods the market. ๐ With the vulnerability currently unpatched and active, smart money is neutralizing exposure until mitigation functions execute.
๐ฌ Are you clearing risk on bridged positions right now or monitoring on-chain flows for a recovery play? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#MTRG #BNB #CryptoSecurity #Exploit #OnChain ๐จ ๐