Although a self-proclaimed white hat hacker tried to save $4.8 million in funds, the withdrawal led to a $28 million wipeout of the token’s market cap.
GameFi project Super Sushi Samurai , built on Coinbase’s Base layer-2 blockchain and the Telegram messaging app, saw a $4.8 million withdrawal on March 21 from its liquidity pools by a self-proclaimed white hat upon the discovery of a double spending glitch.
The order of operations decrements the balance for"from" and then sets the balance for"to" - if these are the same address, the…CertiK noted that during the incident, one user, operating the address 0x786C8f95C17BB990a040dc4D6539B01FC1b72842, initially purchased 690 million SSS tokens, transferred the entirety of the balance to themselves, doubled it 25 times, and finally ended"with 11.5 trillion SSS tokens which were then sold for 1,310 ETH .
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