Popular Web3 gaming platform PlayDapp has suffered a cyber attack resulting in an estimated loss of $31 million worth of assets. The attack was first detected by the security platform Cyvers Alerts before an official confirmation by PlayDapp. Since then, the gaming network has taken several measures to safeguard its users’ assets and recover the loot.
PlayDapp Deployer Address Compromised As Hacker Mints 200 Million PLA
In a post on X on February 9, Cyvers Alert shared that they had observed some suspicious transactions on PlayDapp. In particular, they noted that the network’s deployer address had been compromised by a foreign entity who added themselves as authorized minter on the Web3 gaming platform.
Using this access, the hackers printed 200 million units of PlayDapp’s native PLA token valued at $31 million. The security platform also noted that the stolen assets had been distributed to various addresses. Notably, the hacker has deposited $5.9 million worth of PLA in an ad
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