LIVE
Gala
@Gala_official
The Official Binance Buzz Account of the Gala Ecosystem
Following
Followers
Liked
Shared
All remaining 4.4 billion $GALA from the exploiter's wallet has been burnt🙏
This was conducted to remove the wrongly minted $GALA , we also recovered all the ETH and used it on GalaSwap to buy back and burn close to another billion $GALA
View below🔽
https://etherscan.io/tx/0x59d87edc805a83f1c6397f053dc3ffe159e3a752192bf709aac21d9d6bf71fb5#eventlog
This was conducted to remove the wrongly minted $GALA , we also recovered all the ETH and used it on GalaSwap to buy back and burn close to another billion $GALA
View below🔽
https://etherscan.io/tx/0x59d87edc805a83f1c6397f053dc3ffe159e3a752192bf709aac21d9d6bf71fb5#eventlog
🎶 Anyone in the #GalaMusic community with a computer can become a licensed Jukebox Node operator and start hosting tracks for $MUSIC rewards… Here’s how it works!
https://news.gala.com/gala-music/gala-music-jukebox-nodes-a-beginners-guide-to-decentralized-music-streaming/
#web3ecosystem #DePIN
https://news.gala.com/gala-music/gala-music-jukebox-nodes-a-beginners-guide-to-decentralized-music-streaming/
#web3ecosystem #DePIN
A new 24 hour Gala Founder’s Node governance is now live, in which operators will decide if a $GALA contract upgrade will be deployed in order to enhance security and burn ~5B illegitimate $GALA that resulted from a recent unauthorized minting incident.
https://news.gala.com/galachain/governance-proposal-temporary-gala-token-contract-upgrade-and-token-burn/
https://news.gala.com/galachain/governance-proposal-temporary-gala-token-contract-upgrade-and-token-burn/
📢 Important Update
We recently detected and addressed a security incident involving $GALA tokens.
Thanks to our network’s robust security, the situation was quickly under control. Your GalaChain assets and $GALA Ethereum contract are secure.
https://news.gala.com/galachain/unauthorized-wallet-locked-down-in-record-time-funds-returned-as-security-measures-prove-effective/
We recently detected and addressed a security incident involving $GALA tokens.
Thanks to our network’s robust security, the situation was quickly under control. Your GalaChain assets and $GALA Ethereum contract are secure.
https://news.gala.com/galachain/unauthorized-wallet-locked-down-in-record-time-funds-returned-as-security-measures-prove-effective/
The security incident involving the $GALA token has been contained and the impacted wallet has been frozen.
This was an isolated incident, the cause of which has been addressed and we are working closely with law enforcement to investigate the individuals behind the breach.
Gala is committed to maintaining the highest standards of security and transparency. We will provide updates as the investigation continues and take all necessary steps to prevent future incidents.
This was an isolated incident, the cause of which has been addressed and we are working closely with law enforcement to investigate the individuals behind the breach.
Gala is committed to maintaining the highest standards of security and transparency. We will provide updates as the investigation continues and take all necessary steps to prevent future incidents.