Animoca Manufacturers-Backed Gamee Hit With Exploit, Loses $15M Price of Tokens
Gamee, a blockchain gaming challenge, was hit with an exploit on Tuesday, ensuing within the hackers gaining “unauthorized entry” to the Gamee token (GMEE) contracts on Polygon.
The exploit affected proprietary workforce token reserves solely, and no community-owned belongings had been compromised. Gamee doesn’t custody or handle any community-owned belongings. In line with CoinMarketCap information, the worth of the GMEE token plummeted by over 78% for the reason that incident to $0.0053. Nevertheless, the token worth has recovered barely to commerce at $0.019.
Gamee has assured its group that it’s working to determine impacted customers and discover a plan to assist them throughout this difficult interval. The corporate can also be taking steps to boost its safety measures to stop related incidents from occurring sooner or later.
The Gamee token has seen an distinctive rally in November final 12 months, rising its worth by over 16X amidst the blockchain gaming hype and wider crypto market exuberance.
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