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MAPO, the native token of Map Protocol, has collapsed by 96% after attackers exploited the Butter Network cross-chain bridge to mint an enormous amount of unauthorized tokens. According to blockchain security firm Blockaid, the attacker created a quadrillion MAPO tokens…
The exploit highlights the vulnerabilities in cross-chain bridges, undermining trust in decentralized finance and impacting token credibility. The post Map Protocol token MAPO plunges 96% after exploit mints quadrillion tokens appeared first on Crypto Briefing.
The attacker tricked the Butter Network cross-chain bridge into minting millions more tokens than the legitimate supply of MAPO.
The incident underscores the persistent vulnerabilities in cross-chain bridges, highlighting ongoing security challenges in DeFi infrastructure. The post MAP Protocol pauses bridge between MAPO ERC-20 and mainnet after exploit appeared first on Crypto Briefing.
