FOLLOWING YEARS OF

Gala Games Has An Ongoing

On October 3, a potential billion-dollar hack lead to a tank of 20% for the play-to-earn Gala Game’s GALA token price. However, a firm associated with Gala said that the

Gala Games has an ongoing hacking problem which they have either refused to address adequately or characterized as simply not a problem. See the breakdown below and make the

Chaos ensnared Gala Games late Thursday as fears of a potentially billion-dollar hack – or maybe a rug pull – drove its native GALA token down 20%. Meanwhile, a firm

It Was Brought To Light

$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies

It was brought to light that a whopping $1 billion worth of GALA was being minted and an ill-doer was trying to drain the same. Blockchain security firm PeckShield Inc.

Gala Hacks and Security Lapses : r/GalaGames - Reddit

This Was Due To Concerns

$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It

Hacker Returns $22M to Gala Games After GALA Token Breach

This was due to concerns over a major transfer of over $200 million worth of GALA tokens, which traders suspected could be a hack. An unidentified party minted 5 billion

Votes

16 votes, 29 comments. 7.6M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.

Amidst a $1B Hack, GALA sinks by 13% but funds are safe

$GALA GOT HACKED This is absolutely crazy. Amidst this - Binance

Crypto Twitter Was Filled With

As seen over the last month hacks have become increasingly common in the crypto-verse The magnitude and value of hacks were so high that October was called amp

Crypto Twitter was filled with an array of posts noting how GALA had been exploited. It was brought to light that a whopping $1 billion worth of GALA was being minted

Gala froze their funds and the guy got scared and returned the funds (ETH plus profits from a short position in USDT) - so yeah! It was neatly handled, quickly involving the DOJ, the FBI

Amidst a “$1B Hack”, GALA sinks by 13% but funds are safe

$1B GALA Hack Led To 20% Dip; Firm Says Attack Was Safeguard