Crypto hit by $63m hack of ‘Munchables’ game in one of year’s biggest exploits

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Crypto hit by $63m hack of ‘Munchables’ game in one of year’s biggest exploits
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The game, Munchables, confirmed the incident in a post on X on Wednesday and said it would try to halt the transactions.

The crypto sector suffered one of its biggest security incidents this year after a hacker swiped $63 million from a blockchain-based game. Blockchain specialists PeckShield indicated the hacker stole 17 400 in Ether tokens — worth about $63 million at current prices. Public data on crypto transactions backed the estimate. It seems @_munchables_ lock contract has an issue, which was exploited to drain 17.4K ETH to the following address: https://t.co/SvddMitdNJ https://t.co/GZsPPO2VHt pic.twitter.

Gamers in Munchables try to earn rewards by looking after, or farming, bug-eyed digital creatures. Earlier this week the project said the value of crypto tokens held in the protocol had topped $80 million. The security incident triggered a flurry of unsubstantiated speculation that a rogue developer or even North Korean hackers were to blame.

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