In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post.
The crypto heist, which momentarily stole over $62 million, took a shocking turn of events after the attacker’s identity opened a Pandora’s box.
Crypto Developer Turns Hacker
Yesterday, Munchables, a gaming platform powered by Blast, suffered a security breach that resulted in the theft of 17,400 ETH, worth around $62.5 million. Immediately after the X announcement, crypto detective ZachXBT revealed the sum stolen and the address where the funds had been sent.
It was later informed that the crypto heist had been an inside job instead of an external one, as one of the project’s developers seemed to be responsible.
Solidity developer 0xQuit shared on X concerning information about Munchable. The developer pointed out that the smart contract was a “dangerously upgradeable proxy with an unverified impleme
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