Security Breach at Gala Games

A hacker minted 5 billion native GALA tokens worth approximately $214 million by exploiting the platform's smart contract.

After leveraging the smart contract, the hacker immediately sold 592 million GALA for 5,952 ETH, or approximately $21.8 million.

The team immediately blacklisted the hacker's address and froze their ability to drain any further coins.

Gala Games CEO Eric Schiermeyer expressed his regret about the incident. He stated that the compromise was identified and secured within 45 minutes. #GalaGames