Cryptocurrency [loss] $2M+

"March' Major Private Key Compromises"

2024-03-16 [vendor] Wilder World theft [chain] ethereum
Primary Source ↗
Financial Loss $1.8M (1,800,000 USD)
Blockchain(s) Ethereum

Incident Details

Wilder World is a blockchain-based racing game that uses all the buzzwords: blockchains, artificial intelligence, and metaverse. On March 16, someone with access to the project deployer’s private key upgraded legacy contracts and transfer the project’s $WILD and $MEOW tokens to themselves. Altogether, the attacker profited 515 ETH (~$1.8 million), which they then laundered through the Tornado Cash cryptocurrency tumbler.The project blamed the theft on a previous contractor who had the private key. They also explained that the attacker seemed to be a developer based on the fact that they had “specialized knowledge of ZERO’s internal security systems”.

Total loss estimated at $1,800,000.

Technical Details

Initial Attack Vector
AI-assisted attack or AI-generated exploit
Vendor / Product
Wilder World theft

Timeline

  1. 2024-03-16 Breach occurred
  2. 2024-03-16 Publicly disclosed