ChainCatcher news, the Web3 game platform Munchables announced on social media that it has completed the full refund distribution process, and will next handle the Blast rewards for all OG locked users, preparing to open the next chapter.Previously, Munchables suffered a hacking attack, and Munchables reminded users that the refund funds have been sent directly to the relevant user wallets, and to avoid interacting with any websites requesting token claims to prevent fraud.

ChainCatcher message, Munchables official stated on social media that it is currently in the final stage of refunds and has completely restructured its team. The quantitative investment firm Manifold and the venture capital firm Selini Capital are joining its multi-signature wallet, top developers have re-reviewed and upgraded the new contract, and from now on will oversee the recruitment process of developers. On-chain detective ZachXBT will join the multi-signature wallet at this stage to help ensure the safe return of user funds.It is reported that users receiving refunded funds will receive high multipliers as rewards, which will increase their future MUNCH token allocation. The Munchables platform will be relaunched and will provide an NFT migration plan and other features to be announced soon.

ChainCatcher message, Munchables official stated on social media that it has successfully completed data verification and established a distribution contract for locked fund refunds, and is currently undergoing verification and review by multiple teams.

ChainCatcher message, Owlto Finance released a recap of the Munchables hacking incident. The protocol assisted in intercepting the hacker's funds immediately after being contacted by Pacman and ZachXBT yesterday. Owlto Finance stated that the security of user assets has always been its top priority, and anyone in need of assistance can reach out to them.

ChainCatcher news, the Web3 game platform Munchables stated on social media that all user funds are safe, the lockdrop will not be executed, and all rewards related to Blast will be distributed. The official will share the latest news in the coming days.

ChainCatcher message, the Blast ecosystem DeFi protocol Jucie announced on platform X that all Juice wETH has been successfully rescued from the hands of Munchables developers. Jucie is coordinating with Pacman and Blast to transfer wETH back to Juice so that users can withdraw. In addition, Jucie has increased the V3 Vault limit and will launch token claims tomorrow.

ChainCatcher message, Blast founder Pacman posted on X that Blast core contributors have secured $97 million in funding through a multi-signature. Thanks to the former Munchables developers for choosing to return all funds without any ransom.Munchables and the protocols integrated with it (such as Juice finance) were affected by this incident. All development teams, regardless of whether they were directly impacted, should learn from this and adopt stricter security precautions. Core contributors are always willing to help connect Blast builders with auditing partners. Meanwhile, we are working to support the Munchables team in safely returning funds to users. More details will be shared later this week (be wary of fake refund scams!).

ChainCatcher message, according to Scopescan monitoring, the Munchables hacker has transferred all approximately 17,413 ETH to the Gnosis Safe wallet 0x4D2F created by 0xFfE8.Scopescan indicates that this could be an operation by Munchables or Blast, as the exploiters shared their private keys with them.

ChainCatcher message, Munchables stated on X that the developers shared all relevant private keys to assist in recovering user funds. Specifically, this includes the key holding approximately 62.53 million dollars, the key holding 73 WETH, and the owner key holding the remaining funds.

ChainCatcher news, on-chain detective ZachXBT posted that four different developers hired by the Munchables team are linked to the exploiters, who are likely the same person. They recommend each other for jobs, regularly transfer funds to the same two exchange deposit addresses, and top up each other's wallets.Earlier reports indicated that the Web3 gaming platform Munchables was attacked, resulting in a loss of $62.5 million.

ChainCatcher news, Munchables tweeted that the developer (who initiated the attack) agreed to unconditionally share the private key for all funds of Munchables.

ChainCatcher news, Aavegotchi founder CoderDan posted on social media: "The Aavegotchi development team Pixelcraft Studios briefly hired the Munchables attacker for some game development work in 2022, but he was very cunning and felt like a North Korean hacker; we fired him within a month. He also tried to get us to hire one of his friends, who is likely also a hacker."CoderDan also stated that Pixelcraft Studios did have some video calls with him, but there were no recordings. It's uncertain whether Google recorded all internal video calls, but CoderDan remembers that he did show his face. Additionally, CoderDan provided the Munchables team with the hacker's common address while employed at Pixelcraft Studios.

ChainCatcher news, according to The Block, the web3 gaming platform Munchables based on Blast stated on X that the platform was attacked at 5:37 PM Eastern Time.Cryptocurrency detective ZachXBT discovered the attacker's address, which shows that the address contains nearly 17,411 ETH, worth 62.5 million dollars.Munchables stated: "We are tracking the movements and trying to halt the transactions. We will update immediately once we know more."The exploit constitutes one of the largest losses of 2024 so far.

ChainCatcher news, according to the official announcement, the Blast ecosystem project Munchables has announced the completion of its Pre-Seed round financing, led by Manifold and Mechanism Capital, with participation from Selini Capital, Hidden Street, Duplicate Capital, Selini Capital founder Jordi Alexander, CBB0FE, and other angel investors. The amount of financing has not yet been disclosed.