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.