A certain Monad airdrop user mistakenly burned a $112,000 MON reward, due to multiple consecutive failed transactions.

On November 25th, a participant in a crypto airdrop repeatedly submitted failed transactions on the blockchain. Eventually, they burned all of their more than $112,000 worth of MON airdrop tokens as they spent it all on gas fees for the failed transactions. The wallet address '0x7f4' originally received approximately $112,700 worth of Monad (MON) tokens for participating in the Monad ecosystem. However, in subsequent actions, this player submitted hundreds of failed on-chain transactions. It should be noted that even failed transactions incur gas fees. As a result, they spent all of the airdrop reward. On-chain evidence shows that the wallet owner may have used a script to send a large number of transactions in a short period of time. They did not realize that the initial transactions had already failed, which led to all subsequent transactions failing and continuously burning gas. Therefore, before making a large transfer, it is advisable to conduct "small amount test transactions" to confirm that on-chain parameters are functioning properly. Meanwhile, some Monad airdrop users also reported "missing rewards." Cos, the founder of the security firm SlowMist, stated that there was a vulnerability in the official Monad airdrop claim page. This vulnerability allowed attackers to "bind" a user's airdrop to the hacker's wallet address. Multiple users claimed that their rightful airdrop was bound to the hacker's address. Cos explained that this vulnerability allowed hackers to "hijack" the user session on the claim page and redirect the airdrop to themselves without the need for wallet confirmation.