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Showing posts with label Digital Token. Show all posts

MAPO Token Crashes 96% After Cross-Chain Bridge Exploit Triggers Massive Unauthorized Mint

 

A major shock hit cryptocurrency markets when the MAPO token crashed nearly 96% after a vulnerability in the Butter Network cross-chain bridge was exploited. The attacker created an enormous number of unauthorized tokens, flooding the market with supply far beyond legitimate circulation. 

The sudden imbalance disrupted trading across Ethereum-linked decentralized finance platforms and triggered widespread panic selling. Blockchain security researchers found that the flaw allowed the creation of one quadrillion MAPO tokens, vastly exceeding the project’s intended supply. Investors reacted quickly, dumping holdings as confidence collapsed. 

Within hours, the token’s value fell from nearly $0.003 to around $0.0001, wiping out significant market value and damaging trust in the ecosystem. The attack centered on Butter Network bridge infrastructure. Investigators reported that a newly created external wallet was used to move roughly one billion MAPO tokens into decentralized exchanges. 

During the exploit, nearly 52 ETH, worth about $180,000 at the time, was drained from Uniswap liquidity pools. Analysts traced the activity back to the bridge vulnerability and the attacker’s newly established account. Although a large portion of the unauthorized tokens was sold, researchers noted that the attacker still controlled nearly a trillion MAPO tokens. 

Those remaining holdings continue to threaten liquidity pools and exchanges supporting the token. The incident once again highlights the security challenges facing cross-chain bridges, which remain attractive targets because of their complexity and large asset reserves. The exploit adds to a growing list of attacks affecting blockchain and decentralized finance projects.

Security experts have repeatedly warned that systems connecting multiple networks create additional risks. Vulnerabilities within cross-chain infrastructure can remain hidden until specific conditions trigger them, making these platforms particularly difficult to secure. Following the breach, Map Protocol confirmed that the issue originated within its Solidity-based smart contracts. 

The project temporarily paused mainnet operations and began migration efforts while the investigation continued. Butter Network also suspended ButterSwap services as a precaution, though officials stated that user funds were not directly compromised. The team later announced plans for a new contract deployment and a snapshot of token holdings to support recovery efforts. 

Any assets remaining in attacker-controlled wallets will be invalidated and excluded from future migration or conversion processes. Blockchain records showed that nearly one billion MAPO tokens were transferred to Uniswap shortly after the unauthorized minting occurred. Further analysis revealed that the attacker first submitted a legitimate oracle multisignature message before deploying a malicious smart contract at a carefully selected address. 

A manipulated retry message was then resent with the same transaction hash, making it appear authentic. Because the bridge incorrectly validated the altered message, it approved the creation of the massive token supply. Researchers emphasized that no private keys were stolen and no light-client systems were compromised. 
Instead, the breach resulted from a smart contract validation flaw involving dynamic fields in Solidity code. 
The incident demonstrates how weaknesses in contract logic can create severe consequences, putting liquidity ecosystems, blockchain projects, and investor funds at risk even without traditional network-level compromises.

OpenAI Codex Bug Leads to GitHub Token Breach

 

In March 2026, researchers from BeyondTrust showed that a tailored GitHub branch name was enough to steal Codex’s OAuth token in cleartext. Tech giant OpenAI termed it as “Critical P1”. Soon after, Anthropic’s Claude Code source code leaked into the public npm registry, and Adversa’s Claude Code mutely ignored its own deny protocols once a prompt (command) exceeded over 50 subcommands.

Malicious codes in AI These codes were not isolated vulnerabilities. They were new in a nine-month campaign: six research teams revealed exploits against Copilot, Vertex AI, Codex, Claude Code. Every exploit followed the same strategy. An AI agent kept a credential, performed an action, and verified to a production system without any human session supporting the request.

The attack surface was first showcased at Balck Hat USA 2025, where experts hacked ChatGPT, Microsoft Copilot Studio, Gemini, Cursor and many more, on stage, with zero clicks. After nine, threat actors breached those same credentials.

How a branch name in Codex compromised GitHub


Researchers at BeyondTrust found Codex cloned repositories using a GitHub OAuth token attached in the git remote URL. While cloning, the branch name label allowed malicious data into the setup script. A backtick subshell and a semicolon changed the branch name into an extraction payload.

About the bug


The vulnerability affects the ChatGPT website, Codex CLI, Codex SDK, and the Codex IDE Extension. All reported issues have since been fixed in collaboration with OpenAI's security team.

This vulnerability allows an attacker to inject arbitrary commands through the GitHub branch name parameter, potentially leading to the theft of a victim's GitHub User Access Token—the same token Codex uses to authenticate with GitHub—through automated techniques. A victim's GitHub User Access Token, which Codex needs to authenticate with GitHub, may be stolen as a result.

Vulnerability impact


This vulnerability can scale to compromise numerous people interacting with a shared environment or GitHub repository using automated ways. The Codex CLI, Codex SDK, Codex IDE Extension, and the ChatGPT website are all impacted by the vulnerability. Since then, every issue that was reported has been fixed in collaboration with OpenAI's security team.

“OpenAI Codex is a cloud-based coding agent, accessible through ChatGPT. It allows users to point the tool toward a codebase and submit tasks through a prompt. Codex then spins up a managed container instance to execute these tasks—such as generating code, answering questions about a codebase, creating pull requests, and performing code reviews against the selected repository,” said Beyond Trust.

Singapore Banks Phasing Out OTPs in Favor of Digital Tokens

 


It has been around two decades since Singapore started issuing one-time passwords (OTPs) to users to aid them in logging into bank accounts. However, the city-state is planning to ditch this method of authentication shortly. Over the next three months, major retail banks in Singapore are expected to phase out the use of one-time passwords (OTP) for account log-in by digital token users as part of their transition away from one-time passwords. 

With an activated digital token on their mobile device, customers will need to either use the token to sign in to their bank account through a browser or the mobile banking app on their mobile device. In a joint statement on Tuesday (Jul 9), the Monetary Authority of Singapore (MAS) and The Association of Banks (ABS) said that, while the digital token is designed to authenticate customers' logins, there will not be an OTP needed to prove identity, which scammers can steal or trick victims into disclosing. 

There is also a strong recommendation to activate digital tokens by those who haven't already done so, as this will greatly reduce the chance of having one's credentials stolen by unauthorized personnel. According to The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), within the next three months, major retail banks in Singapore will gradually phase out the use of One-Time Passwords (OTPs) to log into bank accounts by customers who are using digital tokens. 

By doing this, the banks hope to better protect their customers against phishing attacks - at the very least against scams in which scammers get their customers to divulge their OTPs. To secure bank accounts, MAS and ABS encourage the use of digital tokens - apps that run on smartphones and provide OTPs - as a source of second-factor authentication, as opposed to software programs that are installed on computers. 

There will be better protection for them against phishing scams since they have been among the top five scam types over the past year, with at least SGD 14.2 million being lost to these scams, as outlined in the Singapore Police Force Annual Scams and Cybercrime Brief 2023, which was released in January of this year. When customers activate their digital tokens on their mobile devices, they will have to use these tokens when logging in to their bank accounts through the browser or by using the mobile banking app on their mobile devices. 

With the help of the token, scammers will be unable to steal your OTP, which customers may be tricked into revealing, or steal non-public information about themselves that they will be asked to provide. To lower the chances of having identity credentials phished, MAS and ABS have urged customers who haven't activated their digital token to do so, so that they don't become a victim of identity theft. The use of One Time Passwords (OTPs) has been used since early 2000 as a multi-factor authentication option to strengthen the security of online transactions. 

Nevertheless, technological advancements and more sophisticated social engineering tactics have since made it possible for scammers to manipulate phishing requests for customers' OTPs with more ease, such as setting up fake bank websites that closely resemble real banks' websites and asking for the OTP from them. As a result of this latest step, the authentication process will be strengthened, and it will be harder for scammers to trick customers out of money and funds by fraudulently accessing their accounts using their mobile devices without explicit authorization. 

During the 2000s, one-time passwords were implemented as a means to enhance the security of online transactions to strengthen multi-factor authentication. MAS and ABS have both warned consumers to be cautious about phishing for their OTP as a result of technological improvements and increasingly sophisticated social engineering techniques. There have been several phishing scams in Singapore over the past year, with at least $14.2 million lost to these scams, according to records released by the Singapore Police Force earlier this month. 

It is expected that this latest measure will enhance authentication and will ensure that scammers will not be able to fraudulently access a customer's accounts and funds without the explicit permission of the customer using their mobile devices," they commented. According to ABS Director Ong-Ang Ai Boon, this measure may cause some inconveniences for some consumers, but it is essential to help prevent unscrupulous suppliers and protect customers in the long run. 

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced a collaborative effort to strengthen protections against digital banking scams. This initiative involves the gradual phasing out of One-Time Passwords (OTPs) for bank logins by customers utilizing digital tokens on their mobile devices. This rollout is anticipated to occur over the next three months. MAS, represented by Loo Siew Yee, Assistant Managing Director (Policy, Payments & Financial Crime), emphasized their ongoing commitment to safeguarding consumers through decisive action against fraudulent digital banking activities. 

The elimination of OTPs aims to bolster customer security by mitigating the risks associated with phishing attacks. Phishing scams have evolved alongside advancements in technology, enabling fraudsters to more effectively target customer OTPs. They often achieve this by creating deceptive websites that closely mimic legitimate banking platforms. ABS, represented by Director Ong-Ang Ai Boon, acknowledged that this measure might cause minor inconveniences. 

However, they firmly believe such steps are essential to prevent scams and ensure customer protection. MAS, through Ms. Loo, reaffirmed the significance of maintaining good cyber hygiene practices in conjunction with this latest initiative. Customers are urged to remain vigilant and safeguard their banking credentials at all times. MAS and ABS jointly urge customers who haven't activated their digital tokens to do so promptly. 

This action minimizes the vulnerability of their credentials to phishing attempts. By implementing this multifaceted approach, MAS and ABS aim to create a more secure digital banking environment for customers in Singapore.