MetaPoint Hack

Reported loss $820K
BNB Chain
Access Control

What happened

On April 12, 2023, MetaPoint on BSC lost more than $920,000 after an unrestricted approval function on user deposit contracts let attackers gain token-transfer authority and sell deposited POT.

How it happened

  1. Users' deposits created contracts that held POT.
  2. An attacker repeatedly called the public approval path on those contracts to obtain maximum allowance.
  3. The attacker transferred the approved deposited tokens and sold them.
  4. MetaPoint locked the affected contract to prevent further loss.

Protocol details

Classification Gaming / Metaverse / Access Control
Protocol Type Exploit/Access control
Affected asset / contract POT
Implementation language Solidity
Protocol links Website @MetaPoint1024

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