News linked to both this project and an event.
According to Blockaid monitoring, Meter is currently under a sustained attack on BNB Chain. The attacker exploited Meter Passport to mint a large amount of wrapped MTRG and sold some of the tokens on PancakeSwap. So far, approximately $2.3 million in unbacked wrapped MTRG has been minted through about 2 minting transactions, and the attack is still ongoing.
Blockaid disclosed on X that the Alephium TokenBridge Ethereum cross-chain bridge was attacked. The attacker compromised three out of four Guardian private keys, forged a Verified Action Approval (VAA) message, and executed the attack within approximately seven minutes, stealing roughly $815,000 worth of assets. During the attack, the attacker minted 13.76 million Wrapped ALPH tokens out of thin air—exceeding the pre-attack circulating supply by over 100%—and simultaneously unlocked and withdrew assets including USDT, USDC, WBTC, and WETH from the custody pool. As of now, the attacker’s address still holds approximately $815,000 in stolen assets and 13.76 million uncollateralized Wrapped ALPH tokens; the largest anomalous transaction involved the out-of-thin-air minting of 13.76 million Wrapped ALPH tokens.