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Recent exploitation of the meta pool’s meta resulted in the striker to go with just over $ 132,000 Ethereum
Eth
2.505,19 USD
Despite mining, almost $ 27 million tokens.
Meta pool specified in a blog post Posted on June 17th that it was Due to the combination of low trade activities in the token markets and the rapid response of the Meta Pool team teamwhich soon after determining the problem stopped with the affected smart contract.
The attacker used the flaw in the meta pool “Functionality of rapid removal“, According to co -founder Claudio Cossio.
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Usually, when one discovers their cryptic currency, there is a delay before they can re -use it. The fast version skips that waiting period under certain conditions. This shortcut enabled the attacker to issue 9,705 units of MPETtoken platform used to invest.
According to Meta Poopa, exploitation used the ERC4626 Mint () function to create these tokens without appropriate approval. The attacker then tried to replace the fake Mpeth for the actual eth in different pools on Ethereum and optimism. Managed to get only 52.5 Ethwhich was worth just over $ 132,000.
Pecksshield confirmed That the contract had a large flaw but a limited market depth of MPETH has made it difficult for profit. Some of the target Swap pools had very little liquidity, which is low losses.
Tim Meta Pool Convinced users that all of the etherum placed remain safe. These funds are managed by Operators on the SSV Network, which continue to confirm transactions and earn investment rewards.
On June 14, Blockchain Safety Company reports that the Crypto holder has lost almost $ 6.9 million. How? Read the whole story.
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