GAMEE Token Exploit on Polygon: $15M Lost
You are advised to avoid using GAMEE Token following a security breach that resulted in the theft of 600 million GMEE tokens. The exploit affected the GMEE token contracts on the Polygon network. The GMEE token serves as the currency within the GAMEE ecosystem.
Security Measures Taken
The team behind GAMEE immediately took action upon discovering that the Polygon GMEE deployer address had been compromised. They transferred ownership of the token contract and associated contracts to a secure address. Only proprietary team token reserves were affected, and community-owned assets remained safe.
Impact on the Community
The unauthorized transactions caused price volatility and limited use of the GMEE token. GAMEE acknowledges the impact this may have had on its community. They are working on identifying affected users and providing support while maintaining transparency throughout the investigation.
GMEE Price Drop
Following the exploit, the price of GMEE dropped significantly from $0.02554112 to its lowest point of $0.00897251. Some users saw this as an opportunity to buy at a lower price.
Hot Take: GAMEE Takes Immediate Action
The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions.
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