news about the gala
Gala Games, a leading player in the Web3 gaming space, recently faced a major security breach that rocked its ecosystem.
This incident involved hackers exploiting the platform's smart contracts, resulting in the unauthorized minting of large amounts of GALA tokens.
Impact of Hack on GALA Token Price
The Defiant reported that the hack caused panic among investors, reflected in the price of the GALA token falling by 20 percent, down to US$0.038 from around US$0.047, based on CoinMarketCap data.
