One Hash Collision Just Wiped Out 96% of MAPO – Here Is What Happened

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Google has only one way to measure the phenomenal AI growth it’s seen: in tokens. The company processes 3.2 quadrillion tokens per month, Google CEO Sundar Pichai said during this week’s I/O keynote, adding, “never imagined I’d say quadrillion…, but here we are.” Basically, tokens are a unit of measure used by large language models (LLMs) to process data. Tokens, which have been called the “new oil” fueling the AI revolution, are also a way AI vendors can meter usage and price their services. Enterprises are lusting for tokens, and spending billions of them to grab compute time. As with oil, the demand for tokens is seemingly insatiable — and it is straining an already short GPU supply, which in turn is increasing the cost of running AI tools. What exactly is a token? Similar to the way humans think, LLMs grasp the meaning of a sentence by breaking words down into tokens. Pichai described them as “the fundamental units of data our models process, many representing a problem being solve

MAPO, the native token of Map Protocol, has collapsed by 96% after attackers exploited the Butter Network cross-chain bridge to mint an enormous amount of unauthorized tokens. According to blockchain security firm Blockaid, the attacker created a quadrillion MAPO tokens…

The exploit highlights the vulnerabilities in cross-chain bridges, undermining trust in decentralized finance and impacting token credibility. The post Map Protocol token MAPO plunges 96% after exploit mints quadrillion tokens appeared first on Crypto Briefing.

The attacker tricked the Butter Network cross-chain bridge into minting millions more tokens than the legitimate supply of MAPO.