Crypto NewsAltcoinPopular Binance-Listed Gaming Altcoin Suffers Massive Hack Incident: Major Losses

Popular Binance-Listed Gaming Altcoin Suffers Massive Hack Incident: Major Losses

It was learned that an altcoin listed on the cryptocurrency exchange Binance faced a major hacking incident.

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PlayDapp, a famous blockchain gaming platform, has fallen victim to a major security breach. The incident was first reported by cryptocurrency security company Cyvers Alerts earlier today.

An unidentified attacker managed to infiltrate the platform's security, added their address as a miner, and then mined a staggering 200 million PLA altcoins. The value of these tokens is estimated to be approximately $31 million.

The stolen PLA tokens have since been distributed to various addresses. Remarkably, $5.9 million worth of tokens were transferred to the platform.

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In response to the attack, PlayDapp released an official statement confirming the security breach. The company argued that it took immediate action to protect PLA assets. As a precaution, all PLA held by PlayDapp, including both locked and unlocked assets, are being mandatorily transferred to a new, secure wallet.

The statement continued with the following statements:

“We take security very seriously and are committed to protecting your assets.”

However, after the attack, there was a sudden depreciation in the price of PLA. At the time of writing this article, the altcoin is trading at $0.1618, with a 10.87% loss in value in the last 24 hours. The market value of the altcoin is approximately $93 million and this $31 million hack seems significant.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

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