🚨 UNCOLLATERALIZED MINT EXPLOIT HITS $MTRG BRIDGE WITH MILLIONS DRAINED ON-CHAIN! ⚠️
On-chain security trackers just flagged an active cross-chain exploit targeting the Meter Passport bridge on $BNB Chain. 🚨 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. 📉 With the vulnerability currently unpatched and active, smart money is neutralizing exposure until mitigation functions execute.
💬 Are you clearing risk on bridged positions right now or monitoring on-chain flows for a recovery play? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MTRG #BNB #CryptoSecurity #Exploit #OnChain
🚨 📉
On-chain security trackers just flagged an active cross-chain exploit targeting the Meter Passport bridge on $BNB Chain. 🚨 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. 📉 With the vulnerability currently unpatched and active, smart money is neutralizing exposure until mitigation functions execute.
💬 Are you clearing risk on bridged positions right now or monitoring on-chain flows for a recovery play? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MTRG #BNB #CryptoSecurity #Exploit #OnChain
🚨 📉