A hacking incident involving the Munchables project on Blast resulted in the exploitation of $62.5 million (17.4k ETH) by a North Korean developer. The exploiter agreed to return the funds with no conditions. Blast core contributors secured $97 million in a multisig deal. KuCoin and two founders face charges from the U.S. DOJ for Bank Secrecy Act violations. Optimism allocated 850 million OP tokens ($3.2 billion) to incentivize impactful actions.
The Morning Minute (3.28) ⏰ Top News -AnimeCoin, Arbitrum, Azuki are brining Anime on-chain -Court rules SEC can continue case against Coinbase - Parallel raises another $35 million for Parallel Studios 📰 NFT Headlines - Ethereum led NFT trading volume with $11.45 million… https://t.co/zXpBL94NC2
SPECS DAILY ⌐◪-◪ 3/27/24: The Munchable Hack 💻⚖️📈 1. Munchable loses $62.5M in exploit, hacker returns funds 2. SBF will be sentenced on Thursday in Manhattan 3. Spot BTC ETFs have the best day in 2 weeks *Sponsored by @CryptoPunks_ce → The premier marketplace for punk… https://t.co/i1wSLqUjAN
Crypto’s on fire right now. - @_munchables_, a gaming project on Blast, was just hacked for $62M - @Coinbase just announced they're moving more of their business onchain (on @base) - Bitcoin ETFs are seeing huge inflows this week Get the lowdown here: https://t.co/tyeMAMMJlW
The Morning Minute (3.27) ⏰ Top News - $62M Exploit and Recovery Threatens Blast SZN - Two KuCoin founders charged with Bank Secrecy Act and unlicensed money transmission offenses - Optimism sets aside 850 million $OP ($3.2 billion) for builders 📰 NFT Headlines - Ethereum… https://t.co/SmZrKcTr7S
RUG RADIO ROUNDUP by @web3memories The latest news for March 27th 📰 🗞 The _munchables_ has 17.4K ETH ($62.5M) hacked - the hacker opted to return all funds in the end without any ransom required. 🗞 kucoincom and two of its founders charged by the U.S. DOJ with Bank Secrecy… https://t.co/PSX4V4QzX4
The Daily Modern Market Snapshot: Wed 27 Mar Headlines 👉Munchables treasury exploited by team member for $62M but Pacman + ZachXBT negotiate return of funds From @PacmanBlur: "$97m has been secured in a multisig by Blast core contributors. Took an incredible lift in the… https://t.co/yenJUB4HBe
🔻 A Week In Web3: Pluid Roundup 🔻 General Headlines • Munchables exploiter agrees to share the keys for $62.5M exploit with no conditions • Blast dApp, Munchables, exploited for $62.5M (17.4k ETH) by a North Korean dev • Optimism allocates 850M OP to incentivize impactful… https://t.co/d9BVofApwv