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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.
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