Hackers spam crypto exchanges with fake GALA tokens
A recent GALA token contract address upgrade opened a loophole for hackers, targeting crypto exchanges with old tokens.
Keep up with what's happening in the crypto world in real-time.
A recent GALA token contract address upgrade opened a loophole for hackers, targeting crypto exchanges with old tokens.
As the cryptocurrency industry continues its sideways trading trend, it might be a good opportunity for investors to accumulate their favorite cryptocurrencies while the prices are relatively low, but not all digital assets represent equally good investments at every point in time.
The cryptocurrency market has been volatile in recent months, with some projects losing over 30% of their value in one month, for over 1% accumulated daily losses. Here are the three worst-performing projects in the last 30 days among the top 100 digital assets by market capitalization as of September 7:
Gala Games co-founder Eric Schiermeyer has filed a derivative shareholder lawsuit against co-founder Wright Thurston and True North United Investments, LLC. The company assures transparency and accountability, stating the disputes are primarily between the founders and not involving the company.
The altcoin market is displaying renewed signs of recovery, especially in the wake of Bitcoin losing its year-to-date bullish momentum last month. The eagerly anticipated alt season appears to be on the horizon, as Bitcoin's dominance has been in decline for three consecutive months.
A courtroom showdown is happening between Wright Thurston and Eric Schiermeyer, co-founders of Gala Games, a blockchain gaming platform. Both parties have filed opposing lawsuits in a Utah District Court on August 31.
The co-founders behind the blockchain firm Gala Games have initiated legal proceedings against each other, according to recent court filings. First case concerns alleged $130M theft The first case, which Gala co-founder Eric Schiermeyer filed on Aug. 31, alleges wrongdoing on the part of another co-founder, Wright Thurston.
GALA has experienced a substantial decline in value during a turbulent and extended period of slowdown in the cryptocurrency market.
The co-founders have filed lawsuits against each other for the theft of $130 million worth of tokens, and corporate misappropriation of funds respectively.
Gala Games, the renowned blockchain gaming platform, is currently experiencing a seismic shift as its Chief Executive Officer (CEO), Eric
A legal dispute among Gala Games' top executives casts uncertainty over the blockchain gaming company's future.
Gala Crypto Price Prediction - Gala Games has been in a tailspin as the founders have sued each other. The price may soon hit $0.0154.
According to recent news reports, the co-founders of Gala Games are embroiled in a controversial legal battle over an alleged $130 million crypto theft.
Gala Games, a blockchain-based gaming company, has launched its L1 blockchain for multiple games and is in the QA phase of migrating its social media platform, Rep, to its own blockchain, GalaChain. The company plans to streamline onboarding and developer tools by the end of the year.
Gala Games (GALA) exhibits a bearish stance, with prices slumping continuously. The token lost around 8% within the past day to hover at $0.016 at press time. Gala co-founders Eric Shiermeyer and Wright Thurston filed a suit against each other on 31 August, and GALA has since plummeted by 20%.
In the lawsuit, Schiermeyer accused co-founder Thurston of moving GALA tokens from wallet under Gala Games' control to 43 different wallets.
With an 8% fall in price, GALA leads as the crypto asset with the most decline in the past 24 hours. This is due to the lawsuits filed by the project's co-founders against each other.
In a bold move that challenges the traditional Web2 gaming model, the Gala ($GALA) ecosystem is changing the landscape of the gaming industry by putting players at the forefront.
A legal dispute has arisen within the Gala Games ecosystem involving co-founders Eric Schiermeyer and Wright Thurston.
Co-founders of blockchain gaming platform Gala Games, Eric Schiermeyer and Wright Thurston, have filed dueling lawsuits against each other.
Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions.
Gala Games is embroiled in an ongoing legal battle between its CEO Eric Schiermeyer and Wright Thurston, the founder of True North United Investments.
In a dramatic escalation of internal conflicts, Eric Schiermeyer, CEO of Gala Games, and Wright Thurston, the company's co-founder, have filed lawsuits against each other, sending shockwaves through the blockchain gaming community.
Last Thursday, True North United Investments LLC filed a complaint through its attorneys on behalf of Blockchain Game Partners (BGP), Inc. and investors in Gala Games against Gala Games CEO and Co-founder Eric Schiermeyer. The complaint alleges “corporate waste, conversion, and unjust enrichment,” and calls for the removal of Schiermeyer as a director and president of BGP.