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Meter's Passport bridge minted about $2.3M of unbacked tokens, then the chain was paused
On 23 September 2026 an attacker minted unbacked wrapped MTRG through Meter Passport and sold part of it on PancakeSwap, crashing MTR and MTRG. Meter blamed a block validation flaw, paused its chain and bridge, and has not published a full post-mortem. It is the project's second bridge incident.
Published 4h ago