14/02/2024 PlayDapp exploit continues into 4th day, with losses reaching $290M

The South Korean NFT and game development platform apparently suffered a private key leak that hackers used on Feb. 9.

PlayDapp exploit continues into 4th day, with losses reaching $290M

PlayDapp announced just before 11:00 am UTC on Feb. 13 that it had halted its smart contract to take a screenshot for migration as the hack against the South Korean Web3 game development platform and nonfungible token (NFT) marketplacecontinuedinto the new week. The problem was first noticed on Feb. 9.

Blockchain security firm PeckShieldnoticed an apparent private key leakat PlayDapp after 200 million of its native PLA tokens, worth $31 million at the time, were minted. “It seems that deployer’s address has been compromised and attacker’s address is added as a minter,” fellow blockchain security firm Cyvers Alertsexplainedin a Feb. 9 X post.

CryptoPunk sells for 4,000 ETH ($12.41 million), sixth-most expensive ever
Are NFTs Still Viable Investments In 2024?
Beeple launches iconic 'moments' NFT platform with Time, Universal, and Warner

On Feb. 10, PlayDapp posted a message on X addressed to the hacker,offeringa reward for the return of the stolen contracts and assets and threatening to contact law enforcement, including the United States Federal Bureau of Investigation, if no response is received. PlayDapp’s customer servicewasdown between Feb. 9 and 12.

According to an Elliptic blog post, the rewardofferedwas $1 million if the contracts and assets were returned by Feb. 13; otherwise, it would put a bounty of the same amount on the hacker. Wallets associated with the hack were being labeled, Elliptic added. After the deadline passed, PlayDappsaidon Medium that it was working with blockchain analytics and security firms, centralized exchanges and law enforcement to counteract the damage from the hack.

Elliptic also said 1.59 billion more PLA, worth $253.9 million at the time, was minted on Feb. 12. The hackers may have trouble selling the illicitly minted tokens, however, since the total supply of PLA before the hack was only 577 million.

Happy Lunar New Year#web3

Enter the Year of the dragon with joy and unity
Let's set intentions and unlock potential together!

May the Lunar New Year bring laughter, abundance, and endless possibilities
Wishing you joy and prosperity!$PLA#crypto#gamedevpic.twitter.com/IFHNsvOK9u

— PlayDapp (@playdapp_io)February 9, 2024

The value of PLA sank from $0.1823 with $2.83 million in 24-hour trading volume toward the start of Feb. 9 to $0.1482 with $60.17 million in volume at the time of writing. The current value represents a slight rise from a low of $0.1420 earlier in the day, according to CoinMarketCap.

PlayDappintroduced the Along with the Godsplay-to-earn game on the Polygon blockchain in 2021. That game service wasshut down for being “unsustainable” in May 2023, but NFTs from the game are still available on the PlayDapp website.

Arts

https://cointelegraph.com/news/playdapp-exploit-continues-4th-day-losses-reaching-290-million

Interesting NFTs
The Complete MF Collection
THE COMPLETE MF COLLECTION by Beeple
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
Ayumi Hamasaki
*waves*! I'm Ayumi Hamasaki. I'm a Mad Scientist by day, and I like talking about how much I lift by night. Sometimes I daydream of a life full of sweating through my feet, wet food, and reading Danielle Steele. Can't wait to eat chocolate with you!
The Slabs
The Slabs - Prixel Art Animation "She looks tired and gone in thoughts. Her arm must have cost a fortune. Definitely Sisma Corp but I can't make out the exact model." - Simon Corley, 2084, New Harbor - Music by the amazing Brian Woods. Unlockables: - Endless Random Loop App. (PC/MAC) - HD VIDEO (approx. 2 mins) - Animated GIF - Wallpaper & Print Ready PDF Dimensions: Video [1920x1080] App [Adaptive] I will send a Download Link to the buyer after purchase.
YouTube Lab
YouTube logo factory. 10-second loop, 30 fps. Created using Cinema4D, X-Particles, TurbulenceFD, Octane, and After Effects.