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I'm Scott Cunningham with Crypto Daily, and today we're gonna be talking with Jason Brink of Gala Games. Thank you so much for being on the show today.
The gaming industry is the most popular segment in the entertainment industry with 3.2 billion gamers enjoying video games on their screens. With the emergence of concepts like metaverse and web3, people are taking more interest in the sector.
Gala Games esports PvP brawler Spider Tanks puts up items for sale in celebration of Thanksgiving.
It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior.
Gala Games got into Steam despite the ban on NFTs and cryptocurrency games, and they explain how they did it.
Huobi claimed that calling the incident a white hat move was only pNetwork's excuse to avoid legal sanctions.
GALA price has been in trouble in the past few days amid rising concerns about the coin. It slipped to a low of $0.03140 on November 4
Huobi and the pNetwork Team clash over a GALA coin smart contract vulnerability following a white hack execution by pNetwork that resulted in losses for the exchange.
Chaos ensnared Gala Games late Thursday as fears of a potential billion-dollar hack – or maybe a rug pull – drove its native GALA token down 20%. "The Hash" hosts discuss what we know so far and what this means for the Gala Games ecosystem.
Huobi has alleged that the GALA incident was not a white hat operation as pNetwork claimed, but an attack that gave the protocol a $4.5 million profit. The post Huobi alleges pNetwork made over $4M from its Gala ‘white hat attack' appeared first on CryptoSlate.
Gala Games is the biggest gaming blockchain ecosystem, averaging 1.3 million monthly active users.
Amid several difficulties and financial crises in the crypto industry, the value of Gala Games' native token, GALA, dropped 90%. Community members are speculating the cause of this massive decline is hack exploitation.
The public is concerned about being hit by cybercriminals after the last address on the BNB Chain created pGALA tokens totaling more than $1 billion out of thin air this morning.
According to Gala Games, the perceived “hack” was actually part of whitehat efforts to protect it from a real potential attack.
P2E gaming platform Gala Games is experiencing a fallout from some community members over a recent security incident. Reports have emerged that hackers made off with over $4 million in GALA.
Binance has announced that it has stopped supporting GALA token on exchange and on BNB chain
Its native token GALA crashed by over 25% in a matter of 2-hours as a result of the initial panic before slightly recovering.
Blockchain gaming company Gala Games on Friday notified users that GALA was not hacked, breached, or exploited in any way. A misconfiguration of the pNetwork bridge resulted in the redeployment of pGALA, with all GALA tokens on Ethereum being “safe”.
Panic ensued earlier today after a huge chunk of GALA was minted. The stockpile was estimated to be worth $2 billion, causing widespread speculation about a possible hack on the play-to-earn platform Gala Games.
The Gala Games community suffered a scare late November 3 after a wallet printed over $1 billion worth of GALA tokens, which tanked the asset's value by nearly 30%. The post Arbitrage traders make over $6.5M from Gala Games scare appeared first on CryptoSlate.
Crypto play-to-earn platform Gala Games' native token GALA (CRYPTO: GALA) dropped 20% late Thursday, as fear rose among investors about a potential hack or even worse — a rug pull. What Happened: Over a billion dollars worth of GALA was minted by a single blockchain address out of thin air.
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack.
A single blockchain address minted over $1 billion worth of GALA tokens. Is Gala Games the next in line to join a billion-dollar-hack list?
The GALA token is down by 96% from its all-time high price of $0.8367. However, in the last 24 hours, the price is down by 16% and at the time of writing, it is trading at $0.03325.
