Millions of dollars worth of altcoins were stolen while the blockchain gaming platform PlayDapp was hacked.
Reported by on-chain security platform Cyvers Alerts to data Blockchain-based game developer PlayDapp has suffered a cyber attack worth millions of dollars.
The attackers, who partially gained authority over the project’s smart contracts, PlayDapp (PLA) started to press. According to preliminary data, attackers, Decentralized cryptocurrency exchange FixedFloat through $31 million worth 200 million PLA minted tokens.
Then, taking action shortly after, the cryptocurrency exchange PLA worth $5.9 million to Gate.io they deposited.
About subject in the statement While the team acknowledged the attack, they stated that they started operations to ensure security again:
We are writing to inform you about a critical security incident involving the PLA token contract. The PLA token contract was hacked and additional PLA tokens were issued. We understand the seriousness of this situation and assure you that we will take immediate action. Due to a confirmed security breach affecting PLA PlayDapp, we are taking immediate action to protect PLA assets. This involves a mandatory transfer of ALL PLA held by PlayDapp to a new, secure wallet. This includes both locked and unlocked assets.
According to CoinGecko data, due to the impact of the attack, 19% devalued PLA, $0.182 from level to $0.148 decreased by . PLA at the time of writing from $0.163 is being traded.