HomeSecurity OperationsHacker allegedly uses white-hat approach to exploit crypto game for $4.6M

Hacker allegedly uses white-hat approach to exploit crypto game for $4.6M

Published on

spot_img

In a surprising turn of events, the food-themed crypto game Super Sushi Samurai fell victim to an exploit that resulted in an approximate loss of $4.6 million. Despite the significant financial hit, it seems that the hacker behind the attack may have actually been acting in a benevolent manner.

The exploit targeted the project’s token, SSS, which contained a vulnerability within its contract that allowed for the duplication of balances when making a transfer between the same ‘to’ and ‘from’ address. As a result, the exploiter was able to amass 1,310 Wrapped Ether (WETH) valued at $4.6 million, which currently remains in the hacker’s address.

Super Sushi Samurai had only recently gone live on Blast, the controversial Ethereum layer-2 network, with the SSS token launching on March 17. The project had garnered attention by being the runner-up in Blast’s Big Bang contest. However, shortly after its debut, the project was hit by an ‘infinite mint’ attack, where tokens were minted and sold into the LP, causing the token’s value to plummet by over 99%.

Interestingly, this vulnerability had been previously exploited in another token, MINER, just over a month ago. Despite efforts to secure the token contract through an audit by Verichains, the bug was not detected.

Fortunately, it appears that the attack on Super Sushi Samurai was not purely malicious. The hacker behind the exploit reached out to the project team via an on-chain message, indicating that the hack may have been an attempt to rescue at-risk funds. This revelation paints the hacker in a new light, suggesting that their intentions may have been to expose vulnerabilities rather than purely profit from them.

Blast, the platform on which Super Sushi Samurai was launched, had faced criticism for its aggressive marketing tactics and lack of a fully functional network. Critics pointed out that the project’s ‘bridge’ was nothing more than a multisig wallet and that the network itself was still under construction.

Despite the negative attention surrounding Blast, this incident with Super Sushi Samurai sheds light on the complex nature of the crypto world. What initially appeared to be a straightforward hack with significant financial repercussions now seems to have a more nuanced backstory involving a potential white-hat hacker attempting to protect vulnerable funds.

As the crypto community continues to navigate the ever-evolving landscape of blockchain technology, incidents like these serve as important reminders of the need for robust security measures and vigilant oversight. It remains to be seen how Super Sushi Samurai and Blast will address the aftermath of this exploit and what steps they will take to prevent similar incidents in the future.

Source link

Latest articles

Attackers Abuse Google Ad Feature to Target Slack, Notion Users

 Attackers are once again abusing Google Ads to target people with info-stealing malware, this time...

Hackers allege to have infiltrated computer network of Israeli nuclear facility

An Iran-linked hacking group has declared that they successfully breached the computer network of...

Reducing Threats from the IABs Market

As ransomware attacks continue to escalate in frequency and severity, one of the key...

MIWIC2024: Meet Rebecca Taylor, Threat Intelligence Knowledge Manager at Secureworks

The Most Inspiring Women in Cyber Awards event, organized by Eskenzi PR in collaboration...

More like this

Attackers Abuse Google Ad Feature to Target Slack, Notion Users

 Attackers are once again abusing Google Ads to target people with info-stealing malware, this time...

Hackers allege to have infiltrated computer network of Israeli nuclear facility

An Iran-linked hacking group has declared that they successfully breached the computer network of...

Reducing Threats from the IABs Market

As ransomware attacks continue to escalate in frequency and severity, one of the key...
en_USEnglish