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

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

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

On October

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

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Gala Hacks and Security Lapses : r/GalaGames - Reddit

Crypto Twitter was filled with

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

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

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

This was due to concerns

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

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

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

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

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

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

It was brought to light

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

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.