$63M theft in Munchables crypto game breach on Blast

Munchables, a new NFT game on Ethereum Layer-2 solution Blast, experienced a significant exploit, resulting in a loss of nearly 17,500 ETH, valued at approximately $62 million.

The breach was disclosed via an official announcement on Munchables' X account on March 26, revealing that the game's protocol had been compromised.

Blockchain analyst ZachXBT identified the wallet address linked to the alleged intruder, which holds approximately $62.45 million in Ether (CRYPTO:ETH).

This hack highlights the vulnerability and security challenges facing digital platforms in the NFT and cryptocurrency sectors, with financial and reputational implications for Munchables and the wider Ethereum Layer-2 network.

The incident underscores the importance of robust security measures and continuous vigilance for game developers and participants in the NFT market.