Ethereum

2024

PlayDapp

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Blockchain security firm CertiK reported a potential compromise of the private keys associated with PlayDapp, a P2E game based on Ethereum.&nbsp; 
This security <a href="https://twitter.com/CertiKAlert/status/1755999591609065694" target="_blank" rel="noopener">breach</a> led to the unauthorized addition of a new minting address, which subsequently resulted in the creation of 200 million PLA tokens. Following the breach, the value of PLA tokens plummeted by nearly 10%, marking its lowest since October. 
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 <a href="https://twitter.com/hashtag/CertiKSkynetAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#CertiKSkynetAlert</a> 🚨 We have seen a possible private key compromise affecting <a href="https://twitter.com/playdapp_io?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@playdapp_io</a> Deployer added a new minting address resulting in 200m PLA tokens being minted. <a href="https://t.co/lkzNd61rTp" target="_blank">pic.twitter.com/lkzNd61rTp</a>— CertiK Alert (@CertiKAlert) <a href="https://twitter.com/CertiKAlert/status/1755999591609065694?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">February 9, 2024</a>
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PlayDapp is yet to provide an official response to this incident. 
According to DappRadar, the total value of assets on PlayDapp dropped nearly 14% since the incident, despite its number of unique active wallets notably going up today.&nbsp; 
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 <img loading="lazy" decoding="async" width="877" height="669" src="https://crypto.news/app/uploads/2024/02/1.png" alt="PlayDapp PLA Price" class="wp-image-14247181" style="width: 100%;height:auto">
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 PLA 24-hour price | Source: <a href="https://www.coingecko.com/en/coins/playdapp" target="_blank" rel="noopener">CoinGecko</a>
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The incident underscores the ongoing challenges faced by <a href="https://crypto.news/oodles-expands-blockchain-development-services-to-web3-ai/">web3</a> projects in safeguarding their assets against unauthorized access and manipulation. 
PlayDapp operates within the blockchain gaming ecosystem, offering a platform where gamers and developers can buy, sell, and trade NFTs and other in-game assets. 
The platform offers a cross-game universe, where assets from one game can be utilized in another, potentially increasing their utility. 
 Read more: <a href="https://crypto.news/new-york-ag-lawsuit-dcg-3-billion-genesis-settlement/"> New York extends lawsuit against DCG to $3b after Genesis settlement </a>

Hacker manipulates PlayDapp’s minting process, PLA plummets 10%

crypto.news

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