Situation with COOKIES token On November 19 we found suspi | Magic Beasties Announcements
Situation with COOKIES token
On November 19 we found suspicious activity on the COOKIES/BNB trading pair. Someone sold a very significant number of tokens and dumped the capitalization. As soon as we noticed this, we paused the deposit and withdrawal to the game, as well as the in-game marketplace, and started an investigation into the incident.
During the investigation, we found out that the attacker found and exploited a bug in the off-chain marketplace.
We would like to point out that no keys or accesses have been compromised.
We have prepared a short FAQ to make it easier for you to understand the situation.
Q: What about the BSTS tokens
A: This incident concerns only COOKIES tokens. BSTS tokens are safe.
Q: What are your actions about security?
A: We were able to reproduce the exploit and will repair it shortly. In addition, we will also switch the game wallet deposits and withdraws to manual moderation, so that such incidents do not happen again.
Q: When will you enable COOKIES deposit again?
A: For now, we do not plan to enable a deposit in the coming days. We see that some people have spent their money to buy cookies, and we also understand that depositing such a huge amount of tokens into the game will strongly affect talismans enchanting. Because we want to please players who were collecting their cookies and enchanting their talismans for months, but we also do not want to disappoint those who bought cookies in the last days, we are still searching for the perfect solution.
Q: What will happen to my old in-game tokens?
A: Everything is stored in our database and will appear in your wallet as before. In the future we will try to swap these tokens with new tokens with the same nominal value.
Q: What's the best thing for me to do right now?
A: At this time, we do not recommend that you sell or buy COOKIES. The best thing to do is to wait for the project team to do their job.
Q: What will happen to the in-game token?
A: Right now we are preparing a new virtual currency to replace the COOKIES token. For now, it will just be a virtual token that will not be traded on an exchange. However, after the release of the new map, we will implement a new COOKIES token with better tokenomics, that will be traded on the exchange, as planned before.
We want to thank everyone for their support. We've had bigger problems than this, and we've always solved them. Stay tuned.
