Blockchain

Super Sushi Samurai Token Plummets 99% Following Major Exploit

Super Sushi Samurai Security Breach

The Super Sushi Samurai (SSS) game recently faced a significant security breach that led to a drastic 99.9% drop in its token value. The breach was a result of a double-spending glitch within the game, allowing unauthorized withdrawals totaling $4.8 million from its liquidity pools.

Exploited Vulnerability in Smart Contracts

Super Sushi Samurai revealed on social media that tokens were minted and sold into the LP due to a vulnerability in the project’s smart contracts. The team is actively investigating the issue to address the exploit.

Double-Spending Glitch Details

According to a Yuga Labs solidity and backend developer known as “Coffee,” the liquidity pool on the Blast network suffered depletion due to a flaw in the token contract. This flaw caused users’ balances to double when transferring their entire balance to themselves, leading to the unauthorized withdrawals.

Impact on Token Price

Statistics on CoinGecko reflect a significant plunge of over 99.9% in the trading price of SSS tokens following the discovery of the glitch, indicating the severity of the breach.

On-Chain Message and White Hat Rescue

An on-chain message suggested that the exploit was initiated by a white hat individual for a “white hat rescue” purpose. The message indicated a willingness to work on reimbursing affected users, fostering cooperation between the white hat entity and the SSS team.

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