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Hacking & intrusion

PlayDapp admin privileges hijacked, PLA tokens minted without authorization

First reported · Last reported · 2 related reports

PlayDapp's administrator privileges were hijacked, and 200 million PLA tokens were minted without authorization on February 10, 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 organization
PlayDapp
Incident type
Hacking & intrusion
Occurred / detected
2024-02-10
Scale of damage
A total of 1.79 billion PLA tokens minted without authorization
Cause / method
Hijacking of administrator privileges
Location
South Korea

Timeline

  1. 200 million PLA tokens were minted without authorization after administrator privileges were hijacked.
  2. An additional 1.59 billion PLA tokens were minted without authorization.
  3. PlayDapp announced plans to recover the losses by blocking exchange deposits and withdrawals, freezing the hacker's accounts, and migrating to a new token.
  4. 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 organization’s official statements for accurate details.