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Hack history / 2023 / Hack or exploit

MetaPoint

Hack or exploit on Apr 11, 2023 · Token Approval Abuse

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$820K
sources: $820K to $920K
Returned
none listed
as the sources state it
Rank
#995
among thefts by dollars lost

What happened

MetaPoint was exploited through a public approval function that allowed attackers to transfer all user assets. The attacker created bulk contracts to invoke the unrestricted approve function and drain maximum token amounts from user deposits.

Details

Date
Apr 11, 2023
Kind
Hack or exploit
Method
Token Approval Abuse
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "MetaPoint hack, Apr 11, 2023: $820K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht470989fb8a/ (data as of 2026-10-31).
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