“Unsatisfactory” cybersecurity measures among play-to-earn (P2E) crypto games pose a great risk to GameFi projects and their gamers alike, warns blockchain cybersecurity auditor Hacken.
In a Monday report shared with Cointelegraph, Hacken said that data indicates that GameFi projects, the category which P2E games would fall under, often “put profits above security” by releasing products without taking appropriate precautions against hackers:
“GameFi projects [...] do not follow even the most essential cybersecurity recommendations, leaving malicious actors numerous entry points for attacks.”
P2E games often incorporate nonfungible tokens (NFTs) in their ecosystems in addition to crypto. The largest projects, such as Axie Infinity (AXS) and StepN (GMT), use a wide array of products designed to enhance the gaming experience, such as token bridges, blockchain networks or physical merchandise.
Hacken researchers found that based on data collected by crypto security ranking service...
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