An unknown entity has exploited a Telegram-based game running on the recently launched Ethereum (ETH) layer-2 scaling solution Blast Network.
In a post on social media platform exploited a vulnerability that allows operators to double their tokens by transferring their ownership to themselves.
“We have been exploited, it has to do with the currency. We are still investigating the code. Tokens were minted and sold in the LP.”
According to security company CertiK$4.6 million worth of tokens were affected by the attack. However, it turns out that the incident is a white hat rescue.
“We have seen an incident regarding Super Sushi Samurai on Blast Contract: 0xdfDCdbC789b56F99B0d0692d14DBC61906D9Deed. A total of $4.6 million has been affected.
Fortunately, the incident is a white hat rescue.”
In a white hat rescue, the hacker uses a protocol to demonstrate that the project has a vulnerability. SSS says it has already communicated with the exploiter.
“We work with the white hat on the safe return of money. An update and post-mortem will follow.”
Blast, which launched its mainnet a few weeks earlier, also faced criticism from the crypto community. In November, Jarrod Watts, Polygon Labs developer relations engineer warned about the risks of the platform.
“By sending money to the Blast contract, you are essentially relying on three to five strangers to stake your money for you. You can’t withdraw that money at any time unless those 3 to 5 people decide to do the right thing in the future. Again, there is no bridge here.”
Don’t miss a beat – Subscribe to receive email alerts straight to your inbox
Check price action
follow us on TweetFacebook and Telegram
Surf to the Daily Hodl mix
Generated image: Midjourney
