In light of the recent theft of nearly $62.5 million by an in-house developer, NFT game Munchables has revealed plans to prevent such incidents from happening again. The developer has made changes to the team structure and enlisted the help of reputable entities like Manifold Trading, Selini Capital, and ZachXBT to enhance the security of the project's funds and smart contracts. These entities will play a role in auditing and upgrading contracts as well as overseeing the developer hiring process. Nethermind will conduct a thorough audit of the revised contracts before the game is relaunched. In addition to improving security measures, Munchables has pledged to provide financial support to those involved in the recovery of stolen funds. Refunds will be distributed directly to users' wallets, and caution is advised against contacting separate websites for refunds. Despite security breaches in the crypto sphere amounting to losses of over $100 million in March, efforts have been made to recover a significant portion of the compromised funds. Munchables' incident was one of the highest-ranking security events in terms of value lost, amongst others such as the Curio hack and the Prisma Finance incident. Despite a reduction in losses from February, March's figures remain higher than those of January, signaling ongoing challenges in the security of the crypto market.
Munchables Announces Security Enhancements Following $63m Theft Incident

by Giorgi Kostiuk
2 years ago
Made with AI
Tier I
Sector: #18291
Sealed Cache Room

Resource Cache
Tier I

Meme Cache
Tier I

Equipment Cache
Tier I
After collecting, caches will be stored in your inventory and can be opened with Keys.
Tier I
Sector: #18291
25%
50%
75%
100%
Survivors rescued:
0 / 600
Survivors
0/0
Other news
Potential Peace Deal Between US and Iran Could Boost Markets

Potential peace deal between the US and Iran could boost markets by elevating investor sentiment and reducing inflation.

Cryptocurrency Market Remains Stable Amid Inflation Changes

The cryptocurrency market remains stable despite falling inflation numbers, with Bitcoin trading around $63,000.

Asian and US Stock Markets React to Falling Inflation

Asian stock markets showed relief on August 14, 2026, with the US stock market following suit in premarket hours as investors reacted positively to the dip in inflation numbers.

US Inflation Rates Show Slight Decrease in July 2026

US inflation numbers cooled slightly in July 2026, with the Consumer Price Index dropping, although prices remain higher than pre-US-Iran conflict levels.

OpenAI Launches GPT56 Sol Ultrafast, Boosting AI Speed and Efficiency

OpenAI has launched a limited preview of GPT56 Sol Ultrafast, a new service tier that significantly increases the speed of its AI model.

Google Unveils Gemini 37 Flash, Its Most Intelligent AI Model Yet

Google has launched Gemini 37 Flash, an AI model optimized for coding and business workflows, offering significant speed and efficiency improvements.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter




