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Tag: Mints

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Security Breach at Gala Games: Hacker Mints $214 Million Worth of GALA Tokens

In Brief On May 20, a hacker exploited Gala Games’ smart contract, minting 5 billion GALA tokens. The hacker sold 592 million GALA for 5,952 ETH, valued at approximately $21.8 million. Gala Games quickly blacklisted the hacker’s address and is collaborating with authorities. Gala Games, a Web3 gaming project, faced a significant security breach on May 20.…
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