PlayDapp, the
crypto gaming platform, has suffered major setbacks recently due to two distinctive security exploits resulting in losses of $290 million of tokens, making it the 8th largest hack in crypto history. The hacking incident continued for 4 days, during which the hackers managed to mint 1.79 billion tokens from the platform.
Coinbase suspended the trading of PlayDapp in response to this security breach, as the cumulative losses reached staggering levels. Despite these challenges, the
Mainnet launch of PlayDapp went live as an Avalanche subnet, the introduction of which was aimed to offer a user-friendly blockchain for the ecosystem. Also, PlayDapp announced a bridge page on Mainnet Launch and a partnership with Avalanche. The crypto gaming platform also launched an RPG
'Along with the Gods: Knights of the Dawn' on the Google Play Store, hoping to increase its player base. The company also sparked interest when it revealed a
P2E model for 'Along with the Gods' NFT Game, offering new earning opportunities for players. However, the PLA coin price shows a bearish trend following these events.
PlayDapp News Analytics from Fri, 20 Sep 2019 07:00:00 GMT to Tue, 03 Sep 2024 17:33:43 GMT -
Rating -8
- Innovation 2
- Information 6
- Rumor -4
