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Map Protocol's MAPO token crashes 96% after attacker mints quadrillion tokens via bridge exploit

Market News
21 May 2026
Crypto Briefing
View Source
Bearish
pluang ai news

An attacker exploited the Butter Bridge on Map Protocol to mint over a quadrillion MAPO tokens, exceeding the legitimate supply by 100,000 times. This caused MAPO's price to plummet 96%, wiping out most of its market value. The attacker profited about $110,000 in ETH but most minted tokens remain unsellable, creating a huge overhang that threatens any price recovery. Map Protocol has paused bridge operations to investigate, highlighting ongoing security risks in cross-chain bridges connecting multiple blockchains.

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