Data leak [loss] $12M+

"South Korea's crypto karaoke platform hacked for over $11.5 million"

2024-01-27 [vendor] Somesing
Primary Source ↗
Financial Loss $11.6M (11,580,000 USD)

Incident Details

Have you ever gone out to karaoke and thought “man, the only thing missing from this perfect night is a blockchain”? No? Weird.Anyway, the South Korean Somesing platform — which is really more of a TikTok-but-just-for-song-covers clone than anything to do with karaoke — suffered a breach in which 730 million SSX tokens were stolen. These tokens are nominally priced at around $11.5 million, but around 2/3 of the stolen tokens were as yet undistributed and not a part of the circulating supply.

Total loss estimated at $11,580,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Somesing

Timeline

  1. 2024-01-27 Breach occurred
  2. 2024-01-27 Publicly disclosed