Incident Overview
melo (MELO) is a cryptocurrency launched in 2024and operates on the Ethereum platform. melo has a current supply of 420,690,000,000 with 0 in circulation. The last known price of melo is 0.00000005 USD and is up 0.00 over the last 24 hours.
It is currently trading on 5 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://melocto.com/.
Incident Report
Protocol Information
Market Context at Time of Hack
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Melo, these are the critical security checks that could have prevented this incident (May 2023).
- Verify all logic paths related to Improper Access Control are guarded by proper access controls and input validation - see the Access Control Attacks attack class for patterns
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
Free TrialRelated Attack Classes
The technique used in this hack maps to these vulnerability classes in our security curriculum:
Learn to Prevent the Next Melo
The Melo hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.