Newly Issued Gaming Token Exploited on Blast With $4.6M Drained
A recently issued gaming token on layer-2 network Blast has been exploited with $4.6 million stolen, according to an announcement in the token’s Telegram channel. Source link
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A recently issued gaming token on layer-2 network Blast has been exploited with $4.6 million stolen, according to an announcement in the token’s Telegram channel. Source link
CORRECTION (19:08 UTC): An original version of this story misinterpreted data from DefiLlama to suggest that most of the funds in the original Blast deposit contract were withdrawn immediately after the network’s launch this week. The funds were indeed withdrawn from the Blast contract, but further analysis shows that most of the funds were just […]
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million. Source link
But all of its social media accounts were scraped on Sunday. The team itself was anonymous. Onchain researcher @somaxbt said the apparent stolen funds came from over 750 wallets. Nearly $500,000 worth was later sent to the swapping service ChangeNow, $360,000 to crypto exchange MEXC, and $187,000 to Bybit. Source link
Devs for the Blast L2 are accused of stealing open-source code that’s available to all. Is that cheating, or a sincere form of flattery? Source link