PlayDapp admin privileges hijacked, PLA tokens minted without authorisation
PlayDapp's administrator privileges were hijacked, and 200 million PLA tokens were minted without authorisation on 10 February 2024, followed by an additional 1.59 billion on the 13th. The company announced plans to recover the losses by blocking exchange deposits and withdrawals, freezing the hacker's accounts and migrating to a new token. The decision to delist PlayDapp was subsequently made.
Key facts
- Affected organisation
- PlayDapp
- Incident type
- Hacking & intrusion
- Occurred / detected
- 2024-02-10
- Scale of damage
- A total of 1.79 billion PLA tokens minted without authorisation
- Cause / method
- Hijacking of administrator privileges
- Location
- South Korea
Timeline
- 200 million PLA tokens were minted without authorisation after administrator privileges were hijacked.
- An additional 1.59 billion PLA tokens were minted without authorisation.
- PlayDapp announced plans to recover the losses by blocking exchange deposits and withdrawals, freezing the hacker's accounts and migrating to a new token.
- The decision to delist PlayDapp came to light.
2 related reports
The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.