Slow Mist Cosine: A Munchables developer is a North Korean hacker who launched the attack after gaining the trust of the team
SlowMist founder, Yu Xian, posted on X platform regarding the attack on Munchables, stating that the protocol on Blast was stolen for 62.5 million US dollars. According to the investigation by blockchain detective ZachXBT, it was because one of their developers was a North Korean hacker. This is at least the second DeFi project that has encountered this type of situation. The core developer disguised and infiltrated for a long time, gained the trust of the entire team, and then struck mercilessly at the right time. There are probably many victims, and we will closely follow up.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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