🎉Good news! Huobi HTX officially announced that this week it has completed the payment of tens of millions of dollars to users affected by the pGALA issuance attack, including compensation, on-site equity, and Gala nodes. 🎊

🔥This incident originated from pNetwork collaborating with hackers to use the cross-chain bridge vulnerability on the BSC chain to issue a huge amount of pGALA equivalent to 1 billion US dollars, and the cumulative profit is expected to exceed 10 million US dollars. Because pNetwork deliberately concealed this information, many third parties including Gala Games and Huobi HTX suffered huge losses. 😰

👏However, Huobi HTX did not sit idly by. In April 2023, they announced that they had negotiated with Gala Games to complete a compensation plan for users affected by the pGALA issuance attack. The compensation amount reached tens of millions of US dollars, of which Huobi HTX provided tens of millions of US dollars in USDT and equity as compensation to the affected users; similarly, Gala Games will also provide 25 million US dollars in node compensation to the affected users. 👍

🎈In addition, Huobi HTX has destroyed the ROCK (formerly PGALA) tokens of the TRON network and recast them on the GALA chain to ensure market fairness and transparency. 🎉

This is a big victory for the blockchain industry and a strong guarantee for user rights! 🥳