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Cryptocurrency News Articles
White-Hat Hacker Exploits Super Sushi Samurai Crypto Game For $4.6M - Crypto Daily
Mar 22, 2024 at 10:00 pm
Super Sushi Samurai Game Exploited: What Happened?
A white-hat hacker targeted the Super Sushi Samurai (SSS) crypto game on the Blast network, leading to a $4.6 million exploit. This incident highlights ongoing security challenges within the Blast ecosystem.
SSS Game Hacked: What Went Wrong?
The SSS project, a new gaming token on the layer-2 network Blast, launched on March 17. However, the token contract contained a critical vulnerability that allowed an "infinite mint" attack. This flaw allowed balances to be duplicated during transfers between identical addresses, resulting in a staggering $4.6 million loss.
White-Hat Intervention: A Silver Lining?
Fortunately, the attack appears to have been orchestrated by a white-hat hacker with the intention of protecting at-risk funds. The hacker promptly notified the SSS team and proposed collaboration to reimburse affected users.
Challenges for Blast: A Pattern of Exploits?
The SSS exploit is not an isolated incident within the Blast ecosystem. Recently, the Blast-based gambling project RiskOnBlast allegedly rug-pulled investors, disappearing with $1.29 million raised in a token presale.
Blast's Security Concerns: A Cause for Worry?
Despite generating $2.3 billion in deposits upon its mainnet launch, Blast has encountered setbacks due to security vulnerabilities and exploitation cases. Critics have raised concerns over the project's infrastructure, particularly its use of a multisig wallet as a "bridge."
Investment Disclaimer: Proceed with Caution
Investors should exercise caution when investing in Blast-based projects, given the recent security concerns. Thorough due diligence and research are crucial to mitigate risks and protect against potential losses.
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- Japan's Mass Recruitment of New Graduates System Is Reaching a Turning Point
- Oct 30, 2024 at 02:15 pm
- In Japan, there is a unique system called "mass recruitment of new graduates." Companies recruit prospective graduates during the same period each year and interview and test them while they are still in school. Then, they hire a certain number of students and have them work immediately after graduation.
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- XRP Price Prediction as Ripple Forms a Rare Death Cross
- Oct 30, 2024 at 02:15 pm
- The XRP price remained on edge on Wednesday even as Bitcoin retested its all-time high in the overnight session. Ripple, the seventh-biggest cryptocurrency by market cap, was trading at $0.5255, a few points higher than this week's low of $0.4900.