$4.6 million worth of gaming tokens were attacked on the Blast Network.
Key Takeaways
- Super Sushi Samurai (SSS) gaming tokens on the Blast Layer-2 network were exploited due to a smart contract vulnerability, resulting in a loss of $4.6 million.
- Exploiters leveraged this vulnerability for unauthorized token issuance and subsequent sales, drastically reducing token value by as much as 99%.
- The Super Sushi Samurai team is committed to working with exploiters to safely return their funds.
The Super Sushi Samurai (SSS) game token released on the Blast Layer-2 network was experiencing issues. The security breach resulted in the theft of $4.6 million.
The exploit occurred less than a week after the token was launched. It will be shared through the project’s Telegram channel.
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Introduced on March 17, the Super Sushi Samurai project planned to release a game featuring an unidentified individual. A vulnerability in the SSS token smart contract was exploited.
Due to this defect Unauthorized issuance of tokens, The tokens are then sold from the liquidity pool to The value plummeted by 99%, According to CoinGecko.
Yuga Labs developers discovered that a bug in the token contract led to the exploit. We doubled the balances of users who transferred their entire holdings to us.It depletes the liquidity pool.
In response to the incident, the project team said it is attempting to: Examine your code closely to find a solution. Soon after, they announced: We work with exploiters to safely return your funds.
This security breach occurred following Blast’s mainnet launch, which quickly catapulted the network to the status of the fourth-largest Layer-2 network.
While the team works to resolve the breach and compensate affected users, this incident serves as a reminder of the importance of security measures and rapid response to new threats.
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