XBlast Unauthorized Token Transfer

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XBlast Application Logo/Website/Graphics

XBlast is a blockchain-based game application which can be played through Telegram. Users mine and complete daily quests to gain resources. A hacker managed to exploit and transfer a significant amount of resource tokens to their wallet, which they were able to sell for more than 22 ethereum. The project was relaunched with a new token, and a promise of a fair resolution for everyone who had been affected.

This is a global/international case not involving a specific country.

About XBlast

"In the wake of the monumental X explosion (a blast) that reverberated throughout the galaxy, a trove of long-hidden resources has been unleashed into the void. Among these resources are precious metals (wXBL) within the universe, along with a plethora of other valuable minerals (boost) that have lain dormant for countless millennia."

"Every user in the xBlast universe assumes the mantle of a daring astronaut, propelled by the allure of wealth and the thrill of discovery. Armed with cutting-edge spacecraft, these adventurers traverse the cosmic expanse, venturing into asteroid fields, probing mysterious nebulae, and touching down on uncharted planets in pursuit of precious metals and minerals."

"In the vastness of space, collaboration becomes paramount for survival and success. Mineral seekers within xBlast come together to form diverse communities (Planets), ranging from tight-knit crews to sprawling colonies. These communities serve as hubs of cooperation, where resources are pooled, knowledge is shared, and collective efforts contribute to the prosperity of all members."

"At the heart of the xBlast economy lies the process of resource refinement and exchange. As astronauts mine rare metals and valuable minerals, they have the opportunity to refine them into a marketable substance. This refined substance, known as XBL, can then be sold for profit through specialized refiners located within the web3 market."

"With its immersive gameplay, collaborative community dynamics, and robust economic infrastructure, xBlast stands as a pioneering force in the realm of virtual exploration."

"The full-chain Web3 ecosystem xBlast, built inside Telegram, disclosed on Twitter that it had been hacked. The attacker transferred XBL tokens from its project's main wallet address and sold them for approximately 22 ETH. xBlast's proposed solution is to deploy a new XBL token and restore liquidity, promising fair compensation for all losses."

"We got hacked.

This is the wallet through which the attacker compromised the project:

They transferred XBL tokens from the project's main wallet to this wallet and sold for approximately 22 ETH.

Resolution: We will deploy a new XBL token and restore liquidity. Fair compensation will be provided for all losses."

"On April 9, XBL token mining app @xblast_app on #arbitrum chain suffered an exploit of ~23 $ETH ( ~$84.5K).

The exploiter transferred XBL tokens by exploiting the project’s main wallet to their wallet

How the hack was carried out by the exploiters is still not clear, but the hack is currently being investigated to answer these questions."

"After recovering from the hack, we have listed the new $XBL contracts on @Uniswap - Arbitrum Network."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

• Known history of when and how the service was started.
• What problems does the company or service claim to solve?
• What marketing materials were used by the firm or business?
• Audits performed, and excerpts that may have been included.
• Business registration documents shown (fake or legitimate).
• How were people recruited to participate?
• Public warnings and announcements prior to the event.

Don't Include:

• Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
• Anything that wasn't reasonably knowable at the time of the event.

There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

• When the service was actually started (if different than the "official story").
• Who actually ran a service and their own personal history.
• How the service was structured behind the scenes. (For example, there was no "trading bot".)
• Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.

Key Event Timeline - XBlast Unauthorized Token Transfer

Date	Event	Description
April 8th, 2024 7:33:00 PM MDT	Swap Transaction	A Swap transaction from the attacker to Ethereum on Uniswap.
April 8th, 2024 8:23:00 PM MDT	Tweet About Hack	The xBlast team tweets about the hack which happened.
April 9th, 2024 12:02:00 AM MDT	ImmuneBytes Post	ImmuneBytes posts information on the hack, calling the method of the attack "unclear" and reporting on the announcements by the project.
April 9th, 2024 2:20:00 AM MDT	Recovery Announced	The xBlast team announces that they've recovered and listed a new toke on the Arbitrum chain.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

The total amount lost has been estimated at $85,000 USD.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

Immediate Reactions

How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

Ultimate Outcome

What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

Total Amount Recovered

The total amount recovered is unknown.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.