|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
White Hat Hacker Helps Recover $4.6M Stolen from Super Sushi Samurai Game
Mar 21, 2024 at 11:30 pm
Decrypt's Art, Fashion, and Entertainment Hub
Can Hackers Be Heroes?
The team behind a Telegram-based game, Super Sushi Samurai, has announced its collaboration with a presumed white hat hacker to recover stolen funds worth $4.6 million. The exploit, which took advantage of a token transfer bug within the game's smart contract, resulted in a drastic decline in the value of its native token, SSS.
How Did It Happen?
A Yuga Labs smart contract developer, Coffee, revealed on Twitter that the bug enabled exploiters to double their token holdings by transferring their entire balance to themselves. Security firm CertiK subsequently confirmed the exploit and categorized it as a white hat rescue, where a hacker exposes a vulnerability to alert the project team.
White Hat Redemption
Super Sushi Samurai promptly responded on Twitter, stating that they were working with the white hat hacker to ensure the safe return of funds. CertiK also tweeted its endorsement of the incident as a white hat rescue.
Post-Hack Opportunism
Blockchain data tracker Cielo.Finance reported a surge in SSS token purchases following the hack. Traders often engage in such activity in anticipation of fund recovery and potential token price appreciation.
Super Sushi Samurai: The Basics
Super Sushi Samurai is an "idle" game hosted on Telegram, similar to Notcoin, another popular crypto gaming sensation. Players engage in cartoonish battles to earn token rewards, while NFT land plots contribute to "megawar" battles between clans.
Blast's Rocky Start
Super Sushi Samurai operates on the Ethereum layer-2 network Blast, which aims to enhance speed and cost-effectiveness. Despite its mainnet launch on February 29, Blast faced a significant technical challenge last week, resulting in a temporary halt in block production following Ethereum's Dencun upgrade.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Shiba Inu (SHIB) and Ripple (XRP) Show Promise, New Presale Token Minotaurus (MTAUR) Rivals Dogecoin (DOGE)?
- Jan 22, 2025 at 09:50 pm
- Cryptocurrency markets are seeing interesting developments throughout January 2025, with Shiba Inu (SHIB) and Ripple (XRP) showing promising signs of potential growth.
-
- Bitcoin (BTC) Price Bounces Back as SEC Announces Plans to Create a Task Force Reshaping the Regulatory Landscape for Digital Assets
- Jan 22, 2025 at 09:45 pm
- The buzz came after the US Securities and Exchange Commission (SEC) announced plans to create a task force aimed at reshaping the regulatory landscape for digital assets.
-
- Why TrumpCoin Could Hurt Solana
- Jan 22, 2025 at 09:45 pm
- President Trump launched a memecoin called 'Official Trump,' with the ticker $TRUMP. At the time of writing, it sat at a market cap of $4.9 billion, just 11 hours after its creation. This token launch came just two days before his inauguration.