Tag: GALA

24
May
2024
Posted in Altcoin

GALA soars following incident recovery and plan for token burning

The GALA price increase coincides with the publication of a report regarding the hack. The successful response of the security team and the participation of federal law enforcement agencies are…

22
May
2024
Posted in Metaverse & AI

The $200 million exploiter for Gala Games returns $21 million

Money from the wallet address linked to the Gala Games exploit seems to have been partially returned. On-chain data indicates that the digital wallet sent out 5,913.2 ~ETH, or $22.5…

21
May
2024
Posted in Policy and Regulation

Web3 gaming platform Gala Games sees a 15% decline after losing over $200 million in potential revenue

According to the blockchain explorer Etherscan, Gala Games, a web3 gaming company, appears to have fallen victim to an exploit on Monday, with someone minting 5 billion GALA -2.95% tokens,…