Slow Mist Cosine: Multiple users mistakenly transferred funds to Magma's contract address on Monad Test Network due to not switching networks

金色财经|Mar 17, 2025 01:34
According to a report by Golden Finance, according to a post by SlowMist Cosine, multiple users mistakenly transferred funds to the contract address of the Magma project on the Monad testing website due to not switching to the correct network environment.
Cosine confirmed through analysis of transaction data and smart contract code that these fund transfers were caused by users not correctly switching to the Monad testnet while executing functions such as sedimentMon() and withdrawMon() for the Magma project on multiple blockchains such as Ethereum and Binance Smart Chain. This issue may stem from inadequate network switching mechanisms in wallet applications or project front-end.
Cosine represents that the project party can implement a fund return mechanism by creating corresponding contracts on the relevant blockchain, and affected users should directly contact Magma project party for assistance.
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