Fundamental Sushi Samurai, a newly launched gaming token on layer 2 community Blast, skilled an exploit on its liquidity pool which drained $4.6 million price of tokens and despatched the value of its native token SSS plummeting by more than ninety nine%.

The group on the reduction of the project confirmed the exploit, noting that it used to be connected to the mint perform in its natty contract. The bug allowed users to ship all their newly minted funds reduction to themselves, in fact doubling their steadiness in the technique.

Happily for the group, on the different hand, the exploit appears to be like to accept as true with been undertaken with correct intentions, in accordance with a blockchain message despatched from the hacker’s pockets contend with to the protocol.

“Hello group, this is a white hat rescue hack. Let’s work on reimbursing the users. Please attain out by approach of Blockscan chat from the SSS deployer,” the hacker said.

The Fundamental Sushi Samurai group confirmed that they had been working with the white hat hacker on a stable return of funds, and told users that they would quickly submit an update with a autopsy to accept as true with a examine.

Fundamental Sushi Samurai is a telegram-basically based fully fully social approach game that had deliberate to commence on March. 21. Rewards had been to be generated thru the combination of a buying and selling tax, an onchain transaction charge rebate from Blast, and yield generated in the liquidity provider pool.