Hackers steal $7m from breached GAMEE token contracts linked to Polygon
A series of unauthorized transactions on the Polygon network have been identified, leading to a loss of approximately $7 million. The affected token, $GMEE, suffered a significant compromise, with initial investigations pointing to a lapse in access control. Since the breach was revealed, the GAMEE token has plummeted nearly 20% in the past hour. The root of the breach appears to be the compromise of the $GMEE deployer address. Cyvers analysts told Crypto.News that the breach occurred around 6:31 PM UTC on January 22nd. They suspect that an unauthorized access to GitLab allowed the attackers to steal a staggering 600 million $GMEE token s. ALERTToday, our AI powered system has detected suspicious transactions involving @GAMEEToken on #Polygon with loss of $7M Root cause appears to be a lack of access control, possibly resulting in the compromise of the $GMEE deployer address. Attacker also withdraw significant… pic.twitter.com/NetROboTnO — Cyvers Alerts (@Cyv...