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Munchables Crypto Game Suffers Security Breach Amid North Korean Hacking Concerns

27/03 12:15

According to Bloomberg, the crypto game Munchables experienced a security breach this week, raising concerns about potential North Korean hacking activities. In Munchables, gamers earn rewards by looking after and farming bug-eyed digital creatures. The project recently announced that the value of crypto tokens held in the protocol had exceeded $80 million. The security incident sparked a wave of unverified speculation that a North Korean-linked hacking group might be involved. The number of hacks targeting crypto platforms by North Korean groups has increased in recent years. The Lazarus Group, a notorious North Korean hacking unit, has been linked to several high-profile cyberattacks on cryptocurrency exchanges and other financial institutions. Munchables is built on Blast, a Layer 2 protocol that aims to improve the scalability and efficiency of blockchain networks. The security breach highlights the potential vulnerabilities in the rapidly growing decentralized finance (DeFi) and gaming sectors, which have attracted significant investments and user interest in recent months.

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