🚨 #Gala Games hit by $23 million token exploit due to compromised internal controls. The breach highlights vulnerabilities within the company's security framework, leading to significant financial losses.

Blockchain analyst devops199fan first reported the incident, noting the sudden minting of a large volume of $GALA tokens. Following the notification, #GalaGames quickly mitigated further damage.

In response to the breach, Gala Games froze the compromised wallet, preventing the hacker from selling the remaining tokens. Gala Games identified and removed the unauthorized access to the GALA contract, assuring stakeholders that its Ethereum contract remains secure and uncompromised.

Gala Games is now working to strengthen its controls and prevent future incidents.

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