Hackers have started to return stolen “Smol Brains” and other NFTs hours after exploiting popular Arbitrum-based marketplace Treasure. By shauryamalwa
Hackers have started to return stolen “Smol Brains” and other non-fungible tokens hours after exploiting popular Arbitrum-based marketplace Treasure on Thursday morning, developers confirmed in a message.
Users who fail to receive the NFTs will be made whole in a remuneration plan voted on and passed by the community members, who take part in long-term growth of the marketplace. Treasure is the biggest NFT ecosystem on layer 2 protocol Arbitrum, which runs atop the Ethereum blockchain. Each project that is listed on the Treasure marketplace uses native MAGIC token in its own metaverse.
In early Asian hours on Thursday, hackers were able to exploit a vulnerability on the protocol that allowed them to mint NFTs for no cost. Treasure asked users to delist their NFTs from the marketplace at the time. NFTs are blockchain-based representation of a digital or real-world asset.uncovered by sleuths show several"Smol Brains" and “Legions” were stolen in the attack.
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