In the grand theater of blockchain, where dreams are spun like gossamer threads, Abstract Chain has recently taken center stage with a performance that could only be described as a tragicomedy. The curtain rises on an exploit, a mere blip, they say, tied to the whimsical world of Cardex—a blockchain fantasy game that promised riches but delivered, alas, a veritable heist. 🎭
Abstract Chain, that ambitious Ethereum layer-2 network birthed by the creative minds at Igloo Inc.—the same folks who brought us the adorable Pudgy Penguins—has confirmed an inquiry into the wallet drain reports that users have been clamoring about since Tuesday, February 18. It seems the digital wallets of many have been emptied faster than a politician’s promises! 💸
The issue is due to @cardex_space mishandling their private key. If you’ve ever interacted with this app, revoke your sessions here: . This is critical.
Again, this is not an issue with AGW, your funds are SAFU. This is specifically…
— 0xBeans (@0x_Beans) February 18, 2025
Cardex, which launched on the L2 chain just last week, had promised players a chance to engage with digital trading cards on-chain. But following this debacle, users took to the official Telegram channel, accusing Cardex of orchestrating a rug pull that would make even the most seasoned magician blush. 0xBeans, ever the voice of reason, advised users to steer clear of Cardex until further notice and to withdraw their assets, lest they find themselves in a digital Bermuda Triangle. 🏝️
Launched by the illustrious Igloo Inc. in January, Abstract’s team crafted this L2 using ZKsync’s zero-knowledge-powered developer toolkit, a feat that had investors, including Peter Thiel’s Founders Fund, backing the project with a whopping $11 million last July. But alas, it seems that even the most well-funded projects can stumble into the abyss of mismanagement. 🤷♂️
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2025-02-18 19:20