Urgent Warning: PlayDapp Faces Crisis After $290 Million in PLA Tokens Stolen by Hackers

By Cino Gaperi Feb 15, 202442Views

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In a distressing turn of events, PlayDapp, the Blockchain gaming platform, finds itself grappling with a second cybersecurity exploit within a week.

PlayDapp, the Blockchain gaming platform, is dealing with a second cyber attack after losing $31 million in assets and now $290 million in PLA tokens. The team contacted the hacker directly, offering a reward for the stolen assets’ return, but to no avail. A public bounty was announced, and assistance from WEB3 security agencies was sought. This breach saw the price of the PLA token drop to $0.15 on February 13, marking a 2.9% decrease over 24 hours. Despite the challenges, the PlayDapp team is actively working to recover the stolen tokens, and the crypto community is eagerly awaiting the hacker’s response and the mitigation plan from the PlayDapp team.

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Cino Gaperi

Cino Gaperi stands out as a prominent crypto analyst, accomplished researcher, and adept editor, making significant contributions to the field of cryptocurrency. With a strong background in crypto analysis and research, Cino's insights delve deep into the intricate aspects of digital assets, appealing to a diverse audience. His keen analytical skills are complemented by his editorial proficiency, allowing him to distill complex crypto information into easily digestible content. Cino's contributions serve as a valuable compass for both seasoned enthusiasts and newcomers, guiding them through the dynamic landscape of cryptocurrencies with well-researched perspectives. With a commitment to precision, he empowers informed decision-making within the ever-evolving crypto sphere.