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December 13, 2021 08:46 pm

Hackers Steal $140 Million From Users of Crypto Gaming Company

In the latest hack targeting cryptocurrency investors, hackers stole around $135 million from users of the blockchain gaming company VulcanForge, according to the company. From a report: The hackers stole the private keys to access 96 wallets, siphoning off 4.5 million PYR, which is VulcanForge's token that can be used across its ecosystem, the company said in a series of tweets on Sunday and Monday. VulcanForge's main business involves creating games such as VulcanVerse, which it describes as an "MMORPG," and a card game called Berserk. Both titles, like pretty much all blockchain games, appear chiefly designed as vehicles to buy and sell in-game items linked to NFTs using PYR. In crypto, compromising someone's private key is a definitive "game over," because it gives complete control over the funds held by the corresponding address on a blockchain.

Read more of this story at Slashdot.


Original Link: https://it.slashdot.org/story/21/12/13/1958250/hackers-steal-140-million-from-users-of-crypto-gaming-company?utm_source=rss1.0mainlinkanon&utm_medium=

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