We are working on taking a snapshot from before the attack & will convert the original BNB & WETH to 1:1 their values in MTRG, the rest inflated BNB & WETH will be converted based on the hacker stolen value from the LP pools.
We've set aside $4.4M of MTRG based on today's price.
LATOKEN will list $WELUPS
@WelupsOfficial claims to be a blockchain-powered platform for identity verified social media applications, digital banking, credit services, entertainment and all of the other key services for a future society in the digital world
🗓️09:00 UTC, Feb 21
4. The extended code had a wrong trust assumption which allowed hacker to call the underlying ERC20 deposit function to fake an BNB or ETH transfer.
5. The only impacted tokens were native gas tokens (WETH and BNB), and only Meter and Moonriver networks were impacted.
Community, we really appreciate everyone's patience and support as we work to get back up and running after this morning's exploit.
We have detailed everything in the below thread:
1. Around 6am Pacific time we identified someone was able to leverage a vulnerability of the bridge to mint a large amount of BNB and WETH tokens and depleted the bridge reserve for BNB on WETH.
2. We stopped all bridge transactions immediately and started an investigation.
3. Within 30 minutes we identified the issue to be a bug introduced in the automatic wrap and wrap of native tokens like BNB and ETH extended by the Meter team.
Install CryptoTab Browser and get real Bitcoins for using it. Your earnings will keep growing as long as you're watching YouTube, reading news and using your social network accounts daily. https://t.co/ONTGLA15bH #cryptotab
Hi there! I’m CryptoBot, the official mascot of @cryptotabnet and the main character of our NFT-collections on @opensea. Here you will find some engaging news and updates about both our NFTs and the whole NFT sector. Tune in!
The MoonMetaverse_ is literally letting you own a piece of the moon!
check out their competition to stake your claim over the newest addition to the #metaverse
https://t.co/ytUTxRqvia https://t.co/6bKw2HkWrc