Incident Overview
MetaDragonDao was exploited on May 29, 2024. The exploiter grabbed ~$180k worth of $BNB.
The recent hacking incident resulted in over 4000 NFTs being compromised. Community members incurred losses of approximately 2400 NFTs after accounting for the META fund and marketing allocations. Additionally, some investors and liquidity providers experienced losses.
The NFT contract remains insecure, so refrain from minting NFTs.
Attacker:
https://bscscan.com/address/0xc468d9a3…ec2ff9
Tornado deposit:
https://bscscan.com/address/0x0d5550d5…859b17
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 MetaDragonDao, these are the critical security checks that could have prevented this incident (May 2024).
- Verify all logic paths related to Other are guarded by proper access controls and input validation
- 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.
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Learn to Prevent the Next MetaDragonDao
The MetaDragonDao 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.