Munchables is onboarding new signers to its multisig, re-auditing smart contracts and reviewing its dev hiring process to avoid what would have been a grave loss last week.
Days after nonfungible token (NFT) game Munchables lost and recovered nearly $63 million from a rouge in-house developer, the platform says it has devised a plan to avoid making the same mistake again.
On March 26, Ethereum-based NFT game Munchables was robbed of over 17,400 Ether (ETH) from a hacker, who was later identified as a Munchables developer. The situation de-escalated shortly after the developer decided to return the stolen funds without demanding a ransom.
While Munchables narrowly escaped what would have been an eye-watering loss, the developer announced it is now implementing a number of changes to "upgrade the security of the project's funds and smart contracts."