Cointime

Download App
iOS & Android

Blast

ALL From Blast

Munchables Game on Ethereum Layer 2 Blast Loses $62 Million in Exploit, but All User Funds Are Safe

Munchables, a game on the recently launched Ethereum Layer 2 Blast, lost $62 million in an exploit but the team has confirmed that all user funds are safe. The exploit was carried out by an insider who worked on the game, but the developer has since returned all funds without any ransom required. The Munchables team has moved the $62 million from the exploiter wallet into a multi-signature wallet and is warning users of fake accounts asking for eligibility to reclaim funds. Blast, the Layer-2 scaling solution, has experienced rapid growth and is gearing up for a $1.3 billion airdrop in May.

Super Sushi Samurai: Attack resolved, SSS v2 pool will return to pre-hack funds

The Blast ecosystem project Super Sushi Samurai posted on X platform that the previous hacker attack has been dealt with. They have decided to reward white-hat hackers with 5% ETH reward (provided by the SSS team themselves), and the remaining funds will be transferred to a multi-signature address controlled by the SSS team. After analysis, it was found that there was a bug in the token contract that would double the balance if transferred to oneself. The funds are safe and will be airdropped v2 SSS based on a snapshot. The SSS v2 pool will be restored to the pre-hack fund level of 1339.50 ETH, with the snapshot block before the attack being 1111438. The reference token price is SSS = 0.00000004261 USD, and ETH is 3400 USD. Players will receive SSS based on their SSS holdings, and those who have purchased DIP will receive SSS v2 based on the reference price.

Cointime March 23th News Express

1. Blast has distributed 10 million Blast Gold to BIG BANG winners and mainnet Dapps

Blast launches Blast Dapp public ranking list

Blast has announced the release of the public Blast Dapp Leaderboard on the X platform. All Dapps can add themselves to the leaderboard so that users can view their points and Gold. If users are using a Dapp that is not yet on the leaderboard, they can request that the Dapp be added through the Points API.

Blast has distributed 10 million Blast Gold to BIG BANG winners and mainnet Dapps

Blast announced on X platform that they have distributed 10 million Blast Gold to BIG BANG winners and the main network Dapp. They also gave one Gold to active Blast users from the past week. Blast Gold aims to incentivize Dapp development by allowing Dapps to reward users with Gold through the Blast Points API. Users can earn Blast Gold by using Dapps that have received Gold and integrated with the Points API. The second distribution round will take place in 2-3 weeks, prioritizing Dapps that utilize Blast's native features, integrate with the Points API, and have a long-term partnership with Blast.

Blast: The Blast mainnet has stopped producing blocks and is expected to be repaired within 60 minutes.

Blast announced on X platform that due to issues related to the Ethereum Dencun upgrade, the Blast mainnet has stopped producing blocks. Core engineering contributors are working to fix the issue. After the fix goes live (expected within 30-60 minutes), we will share updates and post-analysis.

Binance Web3 Wallet Completes Blast Network Integration

According to official sources, the Binance Web3 wallet has completed integration with the Blast network. Users can use the Binance Web3 wallet to transfer Blast network tokens and access a variety of dApps on the network.

Blast-specific trading bot "Unibot on Blast" has been launched

Unibot has announced the launch of a Blast-specific trading bot, "Unibot on Blast," on social media and has deployed a new recommendation system to provide returns to the Blast community and UNIBOT holders.

Numbers: Blast TVL drops to $504 million

According to DeBank data reported by Jinse Finance, the total value of assets held by the contract address of Blast, a Layer 2 network launched by Pacman, the founder of Blur, has dropped to $504 million. Among them, about $470 million worth of ETH was deposited into the Lido protocol, and more than 32.26 million DAI was deposited into the Maker protocol.

Blast sees $1.6 billion in asset withdrawals in first 24 hours after mainnet launch

Within the first 24 hours of opening withdrawals on Friday, investors withdrew $1.6 billion of assets from newly-launched layer-2 network Blast, causing the total value locked (TVL) to drop from $2.3 billion to $650 million. Blast is offering airdrops to depositors and developers, with 50% of the allocation going to each group. Despite initial skepticism, Blast attracted $2.3 billion in deposits from 181,000 users and became one of the most active layer-2 networks before the mainnet launch. Several protocols, including Zora and Pyth, have announced Blast integrations, but the ecosystem experienced its first exit scam earlier this week.