{"id":575125,"date":"2024-02-14T22:00:47","date_gmt":"2024-02-14T22:00:47","guid":{"rendered":"https:\/\/ktsl888.com\/?p=575125"},"modified":"2024-02-14T15:40:15","modified_gmt":"2024-02-14T15:40:15","slug":"coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/","title":{"rendered":"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts"},"content":{"rendered":"<p style=\"font-weight: 400\">Coinbase has temporarily suspended the gaming platform PlayDapp\u2019s token trading and transfer activities after the recent hack that resulted in the theft of 200 million PLA tokens. Recent updates from the Web3 platform have shared some insight into the investigation process.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/xrp-price-poised-for-liftoff-whale-holdings-soar-despite-ripple-hack\/\" target=\"_blank\" rel=\"noopener \">XRP Price Poised For Liftoff? Whale Holdings Soar Despite Ripple Hack<\/a><\/div>\n<h2 style=\"font-weight: 400\">Suspension Of Trading Activity On Coinbase<\/h2>\n<p style=\"font-weight: 400\">On Thursday, the news of the hack was first informed by the security platform Cyvers Alerts on X (formerly Twitter). PlayDapp\u2019s team later confirmed the security breach and immediately contacted <a href=\"https:\/\/ktsl888.com\/news\/monero\/monero-plummets-following-major-crypto-exchange-delisting-are-more-losses-imminent\/\" target=\"_blank\" rel=\"noopener \">partnered exchanges<\/a> to take measures to protect the holder\u2019s assets.<\/p>\n<p style=\"font-weight: 400\">The gaming platform contacted major centralized exchanges (CEXs) to request deposit and withdrawal suspensions due to the hacking incident and promptly reported to the authorities about the case.<\/p>\n<p style=\"font-weight: 400\">On Monday, the team <a href=\"https:\/\/www.binance.com\/en\/feed\/post\/4060078921114\" target=\"_blank\" rel=\"noopener nofollow\">shared<\/a> an urgent notice post detailing the state of the investigation and the temporary measures it would take to minimize the hack\u2019s impact on PLA holders.<\/p>\n<p style=\"font-weight: 400\">Following this request, Coinbase announced the suspension of PLA\u2019s trading and transfers across their website, Coinbase Prime, Advanced Trade, and Coinbase Exchange. The exchange expressed its intention to continue monitoring the developments from PlayDapp before giving new updates to customers.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We will continue to monitor developments related to PLA from the issuer and update our customers as more information becomes available.<\/p>\n<p>Learn more: <a href=\"https:\/\/t.co\/PoDxz71eAp\" rel=\"nofollow\">https:\/\/t.co\/PoDxz71eAp<\/a><\/p>\n<p>&mdash; Coinbase Assets \ud83d\udee1\ufe0f\ud83d\udcde (@CoinbaseAssets) <a href=\"https:\/\/twitter.com\/CoinbaseAssets\/status\/82159001?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"font-weight: 400\">In the notice post, the team informed of its current collaboration with exchanges, blockchain intelligence, security firms, and law enforcement agencies to investigate and resolve the issue further. It has now extended its petition to temporarily pause all liquidity and pool activities related to PLA to decentralized exchanges (DEXs).<\/p>\n<p style=\"font-weight: 400\">According to the circular, decentralized exchanges (DEXs) have hindered the hacker\u2019s attempts at dispersing the stolen tokens.<\/p>\n<h2 style=\"font-weight: 400\">Migration Process And Price Reaction<\/h2>\n<p style=\"font-weight: 400\">PlayDapp tried to negotiate with the hacker to retrieve the <a href=\"https:\/\/ktsl888.com\/news\/exploit-on-polygon-contracts-extract-15m-here-are-the-details\/\" target=\"_blank\" rel=\"noopener \">stolen funds<\/a>. However, the attempts failed as the hacker \u201cshowed no willingness to help recover holders\u2019 losses,\u201d which resulted in an additional attack that led to the issuance of an additional 1.59 billion PLA tokens.<\/p>\n<p style=\"font-weight: 400\">Subsequently, the team continues investigating the hacker\u2019s intrusion methods to prevent further attacks, and they\u2019re currently tracking the minted and swapped tokens by the hacker. Due to this, PLA Holder\u2019s assistance has been requested, asking users for \u201cthe halt of transactions because we will conduct a migration based on the snapshot shortly.\u201d<\/p>\n<p style=\"font-weight: 400\">The platform has been discussing with exchanges to assess the best migration solution. The <a href=\"https:\/\/www.binance.com\/en\/feed\/post\/46\" target=\"_blank\" rel=\"noopener nofollow\">most recent update<\/a> further details the attack\u2019s damages and the coming migration process:<\/p>\n<blockquote>\n<p style=\"font-weight: 400\">We are estimating the scale of damage for the initially minted 200 million tokens, while it&#8217;s confirmed that there is minimal damage from the secondary minting of 1.59 billion tokens. Currently, the transactions associated with the hacker are being tracked by security firms, so most of the invalidly minted tokens will be filtered out during the migration process.<\/p>\n<p style=\"font-weight: 400\">Loss of ownership over the token smart contract opens the possibility for further attacks on PLA tokens.<\/p>\n<\/blockquote>\n<p style=\"font-weight: 400\">As the update explains, PDA is an upgraded version of the new token. It introduces multi-signature implementation, snapshot, pause, and burn authority separation for management while removing minting authority for stability.<\/p>\n<p style=\"font-weight: 400\">PDA will also introduce a DAO voting system, and it can only be swapped at a 1:1 ratio using wallets not associated with the hacker.<\/p>\n<p style=\"font-weight: 400\">PlayDapp will coordinate with CEXes to reimburse PDA to PLA-holding users during the migration. <a href=\"https:\/\/ktsl888.com\/news\/market-dip-not-for-dogecoin-wallets-as-over-400000-new-users-drive-frenzy-upward\/\" target=\"_blank\" rel=\"noopener \">Affected users<\/a> will be reimbursed using the \u201ccurrent user balance holdings as per the snapshot timing\u201d and receive the full token holdings at a 1:1 ratio. The team will announce the snapshot time in a future update.<\/p>\n<p style=\"font-weight: 400\">According to CoinMarketCap data, the PLA price dropped from $0.1823 to $0.1498 after the attack. Since then, the token price has hovered around $0.14-$0.16.<\/p>\n<p style=\"font-weight: 400\">The price dropped to $0.1383 after the Coinbase announcement, a 13.35% drop in the last seven days. PLA&#8217;s daily trading volume at writing time is $5,786,268, representing a 23.4% decrease in the previous 24 hours.<\/p>\n<p style=\"font-weight: 400\">However, after the most recent migration plan update, PLA&#8217;s price surged 1.2% in the last hour and 3.7% in the previous 24 hours, as the token trades at $0.1524, perhaps signaling a change in holder sentiment after the recent development.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin-sv\/bitcoin-sv-bsv-price-dips-following-coinbase-delisting\/\" target=\"_blank\" rel=\"noopener \">Bitcoin SV (BSV) Price Dips Following Coinbase Delisting<\/a><\/div>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-575127 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/PLAUSDT_2024-02-14_10-55-48.png?resize=1023%2C518\" alt=\"PLAUSDT; PLA, Coinbase\" width=\"1023\" height=\"518\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/PLAUSDT_2024-02-14_10-55-48.png?w=1023 1023w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/PLAUSDT_2024-02-14_10-55-48.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/PLAUSDT_2024-02-14_10-55-48.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/PLAUSDT_2024-02-14_10-55-48.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/PLAUSDT_2024-02-14_10-55-48.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">PLA is trading at \u00a0$0.15 in the hourly chart. Source: PLAUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/7ijKz0QI\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from Unsplash.com, Chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase has temporarily suspended the gaming platform PlayDapp\u2019s token trading and transfer activities after the recent hack that resulted in the theft of 200 million PLA tokens. Recent updates from the Web3 platform have shared some insight into the investigation process. Related Reading: XRP Price Poised For Liftoff? Whale Holdings Soar Despite Ripple Hack Suspension Of Trading Activity On Coinbase On Thursday, the news of the hack was first informed by the security platform Cyvers Alerts on X (formerly Twitter). PlayDapp\u2019s team later confirmed the security breach and immediately contacted partnered exchanges to take measures to protect the holder\u2019s assets. The gaming platform contacted major centralized exchanges (CEXs) to request deposit and withdrawal suspensions due to the hacking incident and promptly reported to the authorities about the case. On Monday, the team shared an urgent notice post detailing the state of the investigation and the temporary measures it would take to minimize the hack\u2019s impact on PLA holders. Following this request, Coinbase announced the suspension of PLA\u2019s trading and transfers across their website, Coinbase Prime, Advanced Trade, and Coinbase Exchange. The exchange expressed its intention to continue monitoring the developments from PlayDapp before giving new updates to customers. We will continue to monitor developments related to PLA from the issuer and update our customers as more information becomes available. Learn more: https:\/\/t.co\/PoDxz71eAp &mdash; Coinbase Assets \ud83d\udee1\ufe0f\ud83d\udcde (@CoinbaseAssets) February 14, 2024 In the notice post, the team informed of its current collaboration with exchanges, blockchain intelligence, security firms, and law enforcement agencies to investigate and resolve the issue further. It has now extended its petition to temporarily pause all liquidity and pool activities related to PLA to decentralized exchanges (DEXs). According to the circular, decentralized exchanges (DEXs) have hindered the hacker\u2019s attempts at dispersing the stolen tokens. Migration Process And Price Reaction PlayDapp tried to negotiate with the hacker to retrieve the stolen funds. However, the attempts failed as the hacker \u201cshowed no willingness to help recover holders\u2019 losses,\u201d which resulted in an additional attack that led to the issuance of an additional 1.59 billion PLA tokens. Subsequently, the team continues investigating the hacker\u2019s intrusion methods to prevent further attacks, and they\u2019re currently tracking the minted and swapped tokens by the hacker. Due to this, PLA Holder\u2019s assistance has been requested, asking users for \u201cthe halt of transactions because we will conduct a migration based on the snapshot shortly.\u201d The platform has been discussing with exchanges to assess the best migration solution. The most recent update further details the attack\u2019s damages and the coming migration process: We are estimating the scale of damage for the initially minted 200 million tokens, while it&#8217;s confirmed that there is minimal damage from the secondary minting of 1.59 billion tokens. Currently, the transactions associated with the hacker are being tracked by security firms, so most of the invalidly minted tokens will be filtered out during the migration process. Loss of ownership over the token smart contract opens the possibility for further attacks on PLA tokens. As the update explains, PDA is an upgraded version of the new token. It introduces multi-signature implementation, snapshot, pause, and burn authority separation for management while removing minting authority for stability. PDA will also introduce a DAO voting system, and it can only be swapped at a 1:1 ratio using wallets not associated with the hacker. PlayDapp will coordinate with CEXes to reimburse PDA to PLA-holding users during the migration. Affected users will be reimbursed using the \u201ccurrent user balance holdings as per the snapshot timing\u201d and receive the full token holdings at a 1:1 ratio. The team will announce the snapshot time in a future update. According to CoinMarketCap data, the PLA price dropped from $0.1823 to $0.1498 after the attack. Since then, the token price has hovered around $0.14-$0.16. The price dropped to $0.1383 after the Coinbase announcement, a 13.35% drop in the last seven days. PLA&#8217;s daily trading volume at writing time is $5,786,268, representing a 23.4% decrease in the previous 24 hours. However, after the most recent migration plan update, PLA&#8217;s price surged 1.2% in the last hour and 3.7% in the previous 24 hours, as the token trades at $0.1524, perhaps signaling a change in holder sentiment after the recent development. Related Reading: Bitcoin SV (BSV) Price Dips Following Coinbase Delisting PLA is trading at \u00a0$0.15 in the hourly chart. Source: PLAUSDT on TradingView.com Featured image from Unsplash.com, Chart from Tradingview.com<\/p>\n","protected":false},"author":614,"featured_media":575128,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88391],"tags":[14521,1393,15888,87520,91648,91649],"class_list":["post-575125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coinbase","tag-altcoin-hack","tag-coinbase","tag-coinbase-exchange","tag-crypto-exploit","tag-pla","tag-plausdt"],"acf":[],"yoast_head":"\n<title>Coinbase Suspends PlayDapp Trading After Hack<\/title>\n<meta name=\"description\" content=\"Coinbase has suspended trading activities of PlayDapp (PLA) after the theft of 200M PLA tokens by a hacker; PLA price reacts to the news.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase Suspends PlayDapp Trading After Hack\" \/>\n<meta property=\"og:description\" content=\"Coinbase has suspended trading activities of PlayDapp (PLA) after the theft of 200M PLA tokens by a hacker; PLA price reacts to the news.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-14T22:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-14T15:40:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560\" \/>\n\t<meta property=\"og:image:width\" content=\"3840\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rubmar Garcia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rubmar Garcia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\"},\"author\":{\"name\":\"Rubmar Garcia\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471\"},\"headline\":\"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts\",\"datePublished\":\"2024-02-14T22:00:47+00:00\",\"dateModified\":\"2024-02-14T15:40:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\"},\"wordCount\":735,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560\",\"keywords\":[\"altcoin hack\",\"coinbase\",\"coinbase exchange\",\"crypto\u00a0exploit\",\"PLA\",\"PLAUSDT\"],\"articleSection\":[\"Coinbase\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\",\"url\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\",\"name\":\"Coinbase Suspends PlayDapp Trading After Hack\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560\",\"datePublished\":\"2024-02-14T22:00:47+00:00\",\"dateModified\":\"2024-02-14T15:40:15+00:00\",\"description\":\"Coinbase has suspended trading activities of PlayDapp (PLA) after the theft of 200M PLA tokens by a hacker; PLA price reacts to the news.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560\",\"width\":3840,\"height\":2560},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471\",\"name\":\"Rubmar Garcia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g\",\"caption\":\"Rubmar Garcia\"},\"description\":\"Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.\",\"url\":\"https:\/\/ktsl888.com\/author\/rubmargarcia\/\"}]}<\/script>\n","yoast_head_json":{"title":"Coinbase Suspends PlayDapp Trading After Hack","description":"Coinbase has suspended trading activities of PlayDapp (PLA) after the theft of 200M PLA tokens by a hacker; PLA price reacts to the news.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/","og_locale":"en_US","og_type":"article","og_title":"Coinbase Suspends PlayDapp Trading After Hack","og_description":"Coinbase has suspended trading activities of PlayDapp (PLA) after the theft of 200M PLA tokens by a hacker; PLA price reacts to the news.","og_url":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-14T22:00:47+00:00","article_modified_time":"2024-02-14T15:40:15+00:00","og_image":[{"width":3840,"height":2560,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560","type":"image\/jpeg"}],"author":"Rubmar Garcia","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Rubmar Garcia","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/"},"author":{"name":"Rubmar Garcia","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471"},"headline":"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts","datePublished":"2024-02-14T22:00:47+00:00","dateModified":"2024-02-14T15:40:15+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/"},"wordCount":735,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560","keywords":["altcoin hack","coinbase","coinbase exchange","crypto\u00a0exploit","PLA","PLAUSDT"],"articleSection":["Coinbase"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/","url":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/","name":"Coinbase Suspends PlayDapp Trading After Hack","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560","datePublished":"2024-02-14T22:00:47+00:00","dateModified":"2024-02-14T15:40:15+00:00","description":"Coinbase has suspended trading activities of PlayDapp (PLA) after the theft of 200M PLA tokens by a hacker; PLA price reacts to the news.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560","width":3840,"height":2560},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471","name":"Rubmar Garcia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g","caption":"Rubmar Garcia"},"description":"Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/ktsl888.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts","url":"http:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/coinbase\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560"},"articleSection":"Coinbase","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin hack","coinbase","coinbase exchange","crypto\u00a0exploit","pla","plausdt"],"dateCreated":"2024-02-14T22:00:47Z","datePublished":"2024-02-14T22:00:47Z","dateModified":"2024-02-14T22:00:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/coinbase\\\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/coinbase\\\/coinbase-suspends-playdapp-trading-after-hack-pla-price-reacts\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/piggybank-olru6x88cgI-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560\"},\"articleSection\":\"Coinbase\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin hack\",\"coinbase\",\"coinbase exchange\",\"crypto\\u00a0exploit\",\"pla\",\"plausdt\"],\"dateCreated\":\"2024-02-14T22:00:47Z\",\"datePublished\":\"2024-02-14T22:00:47Z\",\"dateModified\":\"2024-02-14T22:00:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/piggybank-olru6x88cgI-unsplash.jpg?fit=3840%2C2560","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/575125"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=575125"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/575125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/575128"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=575125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=575125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=575125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}