
Hackers Exploit Butter Network Bridge to Mint Massive MAPO Supply
The cryptocurrency market witnessed another major security breach this week after the MAPO token collapsed by 96% following an exploit tied to the Butter Network cross-chain bridge. The incident resulted in the unauthorized minting of a quadrillion MAPO tokens, flooding the market with a supply vastly larger than the legitimate circulating amount and causing severe disruption across decentralized finance ecosystems connected to ETH and other blockchains.
According to blockchain security researchers, the exploit enabled the attacker to generate tens of thousands of times more MAPO tokens than the official supply. As panic selling intensified, the price of the Map Protocol token dropped from...