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Project Overview
Mist is an open-world, action role-playing game with a dynamic combat style that is unique in the world of MMORPGs. Collect NFTs, battle epic monsters, and explore infinite immersive environments in this blockchain-based NFT Action RPG.
Event-related news
Slow Mist's Cosine Talks About THORChain: Decentralization Is Not Just a Slogan, and "Decentralized, No Right to Interfere" Should Not Be Used to Respond to Industry Security Incidents
Slow Mist's Cosine posted on X platform, stating that the Bitget hack incident has spread widely, involves a huge amount of funds, and the related funds were quickly linked to North Korean hackers. Institutions such as Circle and Tether promptly assisted in freezing the related funds, with Circle freezing the USDC held by the hackers.Regarding THORChain, Cosine pointed out that when THORChain itself previously suffered a hack, it also quickly intervened in its so-called "decentralized" platform; but this time, when facing a major industry security incident, it responded on the grounds of being "decentralized and having no right to interfere," likened itself to Bitcoin and Ethereum, and continued to earn fees from the hackers' large cross-chain transactions.He stated that decentralization should not just be a slogan. After major security incidents occur, the key is to distinguish which issues need to be solved jointly by the industry. He also believes that platforms such as THORChain should not be easily mentioned in the same breath as Bitcoin and Ethereum, as there are clear differences in the degree of decentralization and mechanisms among different systems.
Slow Mist's Yu Xian: Another group theft incident in the market; the common factor is prior use of the iToken wallet
Odaily News: Yu Xian, founder of Slow Mist, posted on platform X that a recent group theft incident occurred, involving more than one hundred addresses and dozens of real users. The cause was private key leakage, resulting in hackers profiting approximately $200,000. The common factor was that all affected users had previously used the iToken wallet—a wallet that had been discovered in the past to collect users' private keys/mnemonic phrases, and related individuals from the group had been arrested before.
Slow Mist's Cosine Questions BNB Chain LABUBU "Hack" Incident: Suspicious Abnormal Modification of Key Parameters
Odaily news, Slow Mist founder Cosine published an analysis stating that the approximately $1.1 million loss incident in the OLPC / LABUBU liquidity pool on BNB Chain is suspicious. The loss occurred due to a severe imbalance in the OLPC/LABUBU trading pair, caused by a "vulnerability" in OLPC being exploited. Under certain conditions in _update, it is possible to burn OLPC tokens amounting to value * decimalsValue. Normally, decimalsValue is 1, but approximately 46 days before the attack, it was changed by the owner to an extremely large value of 7,326,680,472,586,200,649. A few days later, the OLPC owner renounced ownership, setting it to the zero address.Today, the attacker exploited this extremely large decimalsValue to trigger the Pair reserve burn, allowing a small amount of OLPC to extract a large amount of LABUBU. The attacker ultimately swapped 1.115 million USDT at a low cost. The suspicious point lies in the setting of decimalsValue—why did the OLPC owner set such an abnormally large value?
Related news
Slow Mist's Cosine Talks About THORChain: Decentralization Is Not Just a Slogan, and "Decentralized, No Right to Interfere" Should Not Be Used to Respond to Industry Security Incidents
Slow Mist's Cosine posted on X platform, stating that the Bitget hack incident has spread widely, involves a huge amount of funds, and the related funds were quickly linked to North Korean hackers. Institutions such as Circle and Tether promptly assisted in freezing the related funds, with Circle freezing the USDC held by the hackers.Regarding THORChain, Cosine pointed out that when THORChain itself previously suffered a hack, it also quickly intervened in its so-called "decentralized" platform; but this time, when facing a major industry security incident, it responded on the grounds of being "decentralized and having no right to interfere," likened itself to Bitcoin and Ethereum, and continued to earn fees from the hackers' large cross-chain transactions.He stated that decentralization should not just be a slogan. After major security incidents occur, the key is to distinguish which issues need to be solved jointly by the industry. He also believes that platforms such as THORChain should not be easily mentioned in the same breath as Bitcoin and Ethereum, as there are clear differences in the degree of decentralization and mechanisms among different systems.
Slow Mist's Yu Xian: Another group theft incident in the market; the common factor is prior use of the iToken wallet
Odaily News: Yu Xian, founder of Slow Mist, posted on platform X that a recent group theft incident occurred, involving more than one hundred addresses and dozens of real users. The cause was private key leakage, resulting in hackers profiting approximately $200,000. The common factor was that all affected users had previously used the iToken wallet—a wallet that had been discovered in the past to collect users' private keys/mnemonic phrases, and related individuals from the group had been arrested before.
Slow Mist's Cosine Questions BNB Chain LABUBU "Hack" Incident: Suspicious Abnormal Modification of Key Parameters
Odaily news, Slow Mist founder Cosine published an analysis stating that the approximately $1.1 million loss incident in the OLPC / LABUBU liquidity pool on BNB Chain is suspicious. The loss occurred due to a severe imbalance in the OLPC/LABUBU trading pair, caused by a "vulnerability" in OLPC being exploited. Under certain conditions in _update, it is possible to burn OLPC tokens amounting to value * decimalsValue. Normally, decimalsValue is 1, but approximately 46 days before the attack, it was changed by the owner to an extremely large value of 7,326,680,472,586,200,649. A few days later, the OLPC owner renounced ownership, setting it to the zero address.Today, the attacker exploited this extremely large decimalsValue to trigger the Pair reserve burn, allowing a small amount of OLPC to extract a large amount of LABUBU. The attacker ultimately swapped 1.115 million USDT at a low cost. The suspicious point lies in the setting of decimalsValue—why did the OLPC owner set such an abnormally large value?