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

BlockBeats News, November 25th, a crypto airdrop participant repeatedly submitted failed transactions on the blockchain, ultimately burning all of their over $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 around $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, where even failed transactions incur Gas fees, ultimately spending 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, without realizing that the initial transactions had already failed, leading to all subsequent transactions failing and gas burning all the way. 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." Security firm SlowMist's founder, Cos, stated that there was a vulnerability in the official Monad airdrop claim page that 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.