Munchables NFT Game Suffers $62 Million Exploit on Ethereum's Layer-2 Blast
Summary:
Munchables, a nonfungible token (NFT) game on the Ethereum layer-2 Blast, has been hit with a $62 million exploit. The blockchain expert identified the suspected attacker's digital wallet, which currently holds $62.45 million in Ether (ETH). The offender later transferred an amount of ETH back into its original form and moved additional ETH to a new wallet. Munchables, a gaming app, allows players to gather, trade, and interact with their NFT entities.
The computer game Munchables, an Ethereum layer-2 Blast-based nonfungible token (NFT) entity, has been subjected to a scam amounting to $62 million. The official Munchables account broadcasted an announcement on March 26 at 9:33 pm UTC, revealing that their framework had been violated. Blockchain expert, ZachXBT, gave details of the suspected culprit's digital wallet address, which displays a current aggregate of $62.45 million in Ether (ETH) as confirmed by Blastscan data. The DeBank figures reveal that the offender's digital wallet address interacted with the Munchables system at 9:26 am UTC, retrieving in total 17,413 ETH. The same address later moved $10,700 worth of ETH via Orbiter Bridge, changing Blast ETH back into its original form. At 10:05 pm UTC, 1 more ETH was transferred to a new digital wallet address. Munchables is a GameFi software designed on the Ethereum L2 Blast, giving players an opportunity to gather, exchange, and interact with their NFT characters. In addition, Munchables system permitted players to place a stake on their Blast ETH and Blast USD to earn Blast points and additional game bonuses. This is a situation under progress, and any further related released information will be included as it surfaces.
Published At
3/27/2024 1:30:09 AM
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