Web3 gaming platform Gala Games loses over $200 million in potential exploit, GALA plummets 15%
Someone minted 5 billion GALA tokens worth over $200 million, and GALA's price fell around 15% following the incident.
Keep up with what's happening in the crypto world in real-time.
Someone minted 5 billion GALA tokens worth over $200 million, and GALA's price fell around 15% following the incident.
The native token of crypto gaming project Gala Games (GALA) fell sharply Monday amid fears of a major transfer of over $200 million worth of GALA tokens that traders feared was a hack.
GALA has bounced off the lower line of its descending triangle and is poised for an upside breakout.
At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the GOP candidate isn't exactly fluent in crypto policy.
Donald Trump, the Republican candidate for the 2024 US Presidential Elections, made significant pro-crypto declarations during an event at his Mar-a-Lago resort in Palm Beach, Florida. He promises to end US hostility towards cryptocurrencies and accept digital asset donations for his potential re-election campaign.
Former U.S. President Donald Trump convened with enthusiasts of his non-fungible tokens (NFT) collection on Wednesday and announced to the audience his decision to accept cryptocurrency for campaign contributions. Trump also shared with the group that President Joe Biden “doesn't even know” what crypto is. Trump Champions Cryptocurrency at NFT Collection Gala At former U.S.
Trump is hosting a gala today at Mar-a-Lago for his NFT buyers with this being the second time that the former president holds such an event.
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Gala (GALA), the token powering the Gala Games ecosystem, has been making some serious moves in the past week. GALA has soared 13% over the last seven days – and now one popular analyst is claiming that the token could realistically double from here.
A recent announcement by Gala Games shed light on the beginning of May Mayhem, during which you can win rewards simply my participating in the Gala Games ecosystem. The first week of May Mayhem is starting on 6th May, so gear up and prepare yourself for exciting rewards.
The crypto market remains somewhat bearish, but coins to buy like GALA, Scallop, Ondo, Ethena, and Brett show signs of an imminent upswing. Each coin provides unique technological advancements and boasts strong community engagement.
Check out some of these top gaining cryptos of 2024 — each of which have registered over 200% growth so far.
The gaming tokens have surprisingly surged during the week. Moreover, the price of bitcoin most recently reached an all-time high of more than $71,000.
Gala price forecast: Gala, the cryptocurrency that powers Gala Games, has experienced a significant increase in value over the last day. This rise saw the token surpass the $0.044 mark, with an increase exceeding 8%.
With the next Bitcoin Halving only 102 Blocks away, the cryptocurrency industry has entered into a consolidation phase, indicating weak buying and selling pressure in the cryptocurrency industry. Moreover, the market leader, Bitcoin price, continues to trade close to its support level at $61,000. The Gala token has lost 25.
Gala (GALA) accumulation from whales could position the price for a more significant recovery.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $70,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, trading belowthe key $3,600 mark this morning.
The digital currency landscape is constantly evolving, with numerous altcoins offering promising prospects for investors. Among these,play-to-earn (P2E) tokens are gaining prominence, distinguishing themselves from Bitcoin's towering presence.
In the ever-evolving realm of cryptocurrency, where trends can change in the blink of an eye, the role of expert analysis becomes paramount. As investors navigate the complexities of the market, insights from seasoned analysts offer invaluable guidance, illuminating potential opportunities and highlighting risks to be wary of.
With a 7% fall in the total crypto market capitalization within two days, the industry stands at $2.43 Trillion. The sharp fall marks a bearish beginning to this week and warns of a downfall in the altcoins.
Amidst the domination of altcoins such as Ethereum, Solana, Cardano, and many more, investors tend to miss out on some of the lesser-known cryptos.
The bullish outlook in Bitcoin price is fast spreading to other crypto ecosystems like blockchain gaming and GALA, the token powering the popular Gala Games, is at the forefront. In the last 30 days, GALA price has grown by almost 100% to trade at $0.06715 during US business hours on Thursday.
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a top-30 altcoin by market cap.
Crypto Price Analysis: On Saturday, the cryptocurrency market witnessed a modest uptick as the leading digital asset Bitcoin and Ethereum surged nearly 1% to ease the broader market sell-off. However, as the US-listed spot, BTC ETFs continue to witness aggressive outflow, which pressurizes the underlying asset Bitcoin to prolong its correction which simultaneously triggers selling