xBlast App Updates
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Official Announcement Channel of xBlast App.
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$XBL is listed on Uniswap - Arbitrum Network
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Hackers are currently targeting and controlling the main wallet. We are evaluating the extent of the damage, and all losses will be reimbursed to everyone affected.
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@everyone

We got hacked.

This is the wallet through which the attacker compromised the project: https://arbiscan.io/address/0xae35602a7bfcf39e7c0d4dd2db04d223ae981de8

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.
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Please DO NOT buy anything including XBL on Dex or Refining Machine.

Please wait for the update, we will resolve everything in the next 12 hours.
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Announcement to the xBlast App community,
After investigating and fixing the issue, we have identified the cause of XBL being hacked and dumped in price.

Cause: During the process of publishing the smart contract source code on GitHub, our developers inadvertently attached a file containing the private key of the deployed wallet in public mode. As a result, attackers exploited the access rights and dumped XBL.

Resolution: We will use a multi-sig wallet for the entire project's wallet to optimize security. Apart from the private key leak, our entire system is secure.

We will compensate the community for damages by adding liquidity back to the new XBL pair using a new contract within the next 12 hours.

All damages will be refunded by us.

We appreciate your understanding and supports. Stay with xBlast!
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๐Ÿ“ขAfter recovering from the hack, we have listed the new $XBL contracts on Uniswap - Arbitrum Network.

๐Ÿ‘‰ Dextools: https://dextools.io/app/en/arbitrum/pair-explorer/0x54e0dbc0cf03cbc602fc0df5d34bae7b4b242d6c?t=1712649903032

โœ…Hit "Collect" button to restore refining machines.

โœ…Everything should be back to normal now.

๐Ÿšซ Please use this new XBL contract and our updated Dextools link, DO NOT buy XBL from the old contract.

โœ… New contracts has been updated: https://docs.xblast.app/information/contracts-omnichain

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Dear Astronauts,

Though all issues have been resolved after we made efforts to quickly overcome the incident and restore everything to stable operation, we also apologize for allowing the regrettable incident to occur.

We have focused on building a security system and prioritized absolute safety for your assets, yet we made a mistake that seemed unlikely to happen.

However, after the incident was resolved, we still feel your trust in the xBLAST project, and we deeply appreciate it, and thank you for your companionship.

All smart contracts have been restored along with high-security measures by the Multi-Sig wallet, so there will be no future incidents as token custody rights are securely held by the Multi-Sig wallet.

Again, I assure you that such an incident will not recur, and it is infeasible for it to happen again, given that there are no tokens currently available for a repeat of the hack.

Following this incident, we have decided to accelerate the project's progress to compensate for the recent undesirable experiences for you:

- Mainnet xBlast Finance and xBlast AI, these are two important pieces in the xBlast ecosystem.
- XBL is an omnichain, so it will be expanded to new blockchains.
- New features utilizing XBL.

Best,
David - CEO of xBlast

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๐Ÿช$XBL Omnichain Ecosystem is Expanding๐Ÿช

๐Ÿ‘€More L1/L2 blockchains are coming.

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๐Ÿ”Š Old Contract XBL Loss Refund, fill out form here: https://forms.gle/im1h8AxqbojDBpmm6

Dear Community Members,

Though we handled and brought back everything back to normal in the shortest time, We regret to let the hacking incident impacted our platform. As a gesture of accountability and commitment to our community, we are initiating a refund process for users affected by the breach.

Here are the key points regarding the refund process:

1โƒฃRefund Eligibility: We will be refunding users for the claimed refined XBL from the old contract and XBL purchased on Dex before the hacking incident occurred at 2 AM UTC on April 9th.

2โƒฃAutomatic Refund for Unclaimed Refined XBL: Unclaimed refined XBL (from the old contract) will be automatically transferred into your refining machine for the current contract XBL.

3โƒฃExclusion of Post-Incident XBL Purchases: Please note that any XBL purchased after the hacking incident occurred will not be eligible for a refund. We strongly advise against purchasing XBL during this period.

4โƒฃForm Submission: To expedite the refund process, please ensure that you fill out the form provided thoroughly and accurately.

We sincerely apologize for any inconvenience caused and appreciate your patience and understanding as we work to resolve this matter promptly.

Thank you for your continued support and trust in our project.

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Astronauts,

๐Ÿ“ขXBL Staking is now available at xBlast Finance.

๐Ÿ‘‰Stake your XBL here: https://xblast.finance/stake

โ„น๏ธFor more information of XBL staking, refer to our whitepaper: https://docs.xblast.app/economic/staking

Please note that XBL staking is only available on Arbitrum One Mainnet at the moment.

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๐Ÿ“ข New Refining Machine is Live

After gathering major feedback from our community and aiming to enhance user experiences, the new refining machine will be available within the next 72 hours.

Capacity: Refine 5 wXBL into 5 XBL
Price: 0.0025 ETH

Happy Refining!

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Astronauts,

You can withdraw wXBL now to your self-custodial wallets (Arbitrum One network).

โ•Minimum for 1 withdrawal is 5 wXBL

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๐Ÿ‘จโ€๐Ÿš€Astronauts,

๐Ÿ”ฅ10,000 $XBL were burned through our Buy Back feature, funded by our Revenue Share mechanism.

๐Ÿ‘‰The Burn txn: https://arbiscan.io/tx/0x1dd7c79649a30948d62900a34d667bbed2076d05b1622190bf33901134e6b1b3

Happy Refining!

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๐Ÿ“ขAll Type Refining Machines Sale Will Be Closed in the Next 72 Hours.

๐Ÿ‘€Stay tuned for the new features updates.

โ“How many XBL are you holding for xBlast V2?

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๐Ÿ‘€Expect the new mechanisms we are bringing for xBlast v2.o (๐ŸŒŽ,๐Ÿช)

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๐Ÿ“ฃ All Type Refining Machines are officially SOLD OUT.

xBlast V2.0 is coming, HODL $XBL for upcoming new features.

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๐Ÿ‘€

Comment below with your guess of what's coming in v2๐Ÿ‘‡

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๐ŸŽ‰We are thrilled to announce strategic partnership with bitgert.com


Bitgert is a rapidly expanding crypto project that boasts a low gas fee blockchain, CEX and a lot more

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๐Ÿช‚xBlast v2 is getting ready and will soon be coming to TON Blockchain, adding The Open Network built inside Telegram to our multi-chain ecosystem.

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