Aug 2024 - OMPx Application Smart Contract Emptied - $11k (Global)

"Shared creative, marketing and investment place – all at once."
"OMPx, a new online multiplayer creative game, that is centered around an online canvas of one million (1000×1000) pixels for players to edit to their imagination, announces the free distribution of playground tokens to incentivize early players.
OMPx stands for OneMillionPixels. The new game recently released on Ethereum blockchain represents a digital canvas of 1000×1000 pixels, which registered players can edit by changing
the color of a single pixel from a 24-bit (16 million color) palette. OMPx game, or more specifically, a decentralized app (dapp) is powered by a smart contract on the Ethereum blockchain and
is operating without any human interference according to the Game Rules embedded into the smart contract.
OMPx smart contract, in exchange for Ether crypto coins (ETH), releases the dapp’s tokens (ERC20 OMPx tokens), to be used by players to paint the canvas’ pixels, one token for one
pixel. This way, the more tokens a player has got, the more pixels she can paint, creating small logos and bigger pictures, writing slogans, embedding URL of websites in the repainted pixels,"
Actual loss was $10.7k and reported incorrectly as $107k by PANews and other sources.
"OMPx was attacked, resulting in a loss of approximately $107,000. The attacker obtained initial funds through Railgun, and the stolen funds have already been deposited into Railgun."
"PANews News on August 6, according to Cyvers Alerts monitoring, its system has detected suspicious transactions involving OMPx (@OMPxDapp), with a total loss of approximately US$107,000. The attacker obtained initial funds through Railgun, and the stolen funds have been deposited in Railgun."
Further Analysis
OMPx stands for 1 million pixels, and was a project which allowed users to purchase pixels on a website canvas. The project was built based on a similar concept to the million dollar homepage, which launched in 2005. Unfortunately, the project appears to have died out and stopped being promoted after a few weeks. Funds appear to have remained in a smart contract hot wallet, which was subsequently breached in August of 2024. The amount was misreported by multiple sources to be 10 times the actual original reported amount lost. There appears to be no word or update from the OMPx team.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Nexera Private Key Compromise Contract Upgrade > > < < Ronin Network Initialization Failure White Hack
Sources/Further Reading
Cyvers Alerts:OMPx项目疑似遭遇攻击,总损失约10.7万美元 - PANews (Dec 31)
@CyversAlerts Twitter (Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
ompx.io (Dec 31)
Index of / (Dec 31)
OMPx (Dec 31)
OMPxContract | Address 0x09a80172ed7335660327cd664876b5df6fe06108 | Etherscan
(Dec 31)
Ethereum Transaction Hash (Txhash) Details | Etherscan
(Dec 31)
https://www.reddit.com/r/a:t5_hvcu3/comments/8bjvie/one_million_pixels/ (Dec 31)
The Million Dollar Homepage - Own a piece of internet history! (Dec 31)
The Million Dollar Homepage - Wikipedia (Dec 31)
https://www.binance.com/fr-AF/square/post/2024-08-06-suspicious-transactions-involving-ompx-result-in-107-000-loss-11800913678521 (Dec 31)
https://coincodex.com/dapp/ompxsharedgrowthgame/ (Dec 31)
https://www.binance.com/en/square/post/2024-08-06-ompx-10-7-11800916937458 (Dec 31)
BREAKING NEWS: OMPx Game Announces Limited Supply of Playground Tokens Available for Free to Walk-In Players | Bitcoinist.com (Dec 31)
OMPx: Shared Growth Game dApp: Expert Insights & Technical Analysis (Dec 31)
@OMPxDapp Twitter (Dec 31)
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