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Home » Crypto Gaming Project – Gamee Suffers $7 Million Hack – BeInCrypto

Crypto Gaming Project – Gamee Suffers $7 Million Hack – BeInCrypto

Crypto Gaming Project – Gamee Suffers $7 Million Hack – BeInCrypto

In a staggering cyber-heist, Gamee, a subsidiary of Animoca Brands, fell victim to a sophisticated hacking attack resulting in the loss of $7 million. The attack, executed on Monday, involved unauthorized access to the Gamee token (GMEE) contracts on the Polygon network. The hackers stole 600 million GMEE tokens (worth nearly $7 million) and quickly converted them into Ethereum (ETH) and Polygon (MATIC). Web3 security firm Cyvers reported that the hackers bridged some funds to the Ethereum blockchain. Also, these transactions showed interactions with the crypto exchange WhiteBit. Read more: Crypto Project Security: A Guide to Early Threat Detection “Our preliminary… 

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