Gala Games CEO blames $23M exploit on 'messed up' internal controls
A smart contract for the crypto gaming project Gala Games was compromised and CEO Eric Schiermeyer said it found the method and person responsible.
Source: cointelegraph.com
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Massive $200M Theft In Popular Web3 Game Drives Crypto Hack Losses Beyond $1B This Year
Web3 game Gala Games fell victim to a $214 million hack on Monday, causing its native token Gala (CRYPTO: GALA) to plummet in the aftermath.
Source: benzinga.com
Web3 Gaming Platform Gala Games Suffers $200M Exploit, CEO Believes Exploiter Identified
Gala Games lost $200 million worth of $GALA tokens to a system breach, adding one more web3 and crypto company to the list of exploited firms this year.
Source: ibtimes.com
GALA Plunges 5% After Gala Games Is Hit By $200 Million Exploit
Web3 gaming firm Gala Games (GALA) plunged more than 5% after an apparent exploit worth about $206 million identified by on-chain sleuth Etherscan.
Source: insidebitcoins.com
Gala Games Hacker Returns $23M in ETH; Founder Proposes 'Buy and Burn'
Gala investor DWF Labs also said that it had purchased 28 million GALA tokens "to alleviate market selling pressures."
Source: coindesk.com