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Binance Gets Kudos From Gala Games For Help In $200M Hack Investigation
Wednesday, May 29, 2024 - 1:13am | 575Gala Games (CRYPTO: GALA) expressed gratitude towards Binance (CRYPTO: BNB) for their assistance in identifying the perpetrator behind a recent hack, underscoring their commitment to a more transparent blockchain space. What Happened: Gala Games took to X, formerly Twitter, to acknowledge Binance...
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Massive $200M Theft In Popular Web3 Game Drives Crypto Hack Losses Beyond $1B This Year
Tuesday, May 21, 2024 - 4:59am | 759Web3 game Gala Games fell victim to a $214 million hack on Monday, causing its native token Gala (CRYPTO: GALA) to plummet in the aftermath. What Happened: An unscrupulous player exploited a loophole on the platform and ended up minting a staggering 5 billion GALA tokens, worth $214 million at the...
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Gala Games Investors File Suit Against Founder, Alleging Burning $600 Million In Tokens
Sunday, September 3, 2023 - 2:20pm | 379Last Thursday, True North United Investments LLC filed a complaint through its attorneys on behalf of Blockchain Game Partners (BGP), Inc. and investors in Gala Games against Gala Games CEO and Co-founder Eric Schiermeyer. The complaint alleges “corporate waste, conversion, and...
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Epic Burn: Gala Games Torches $637M In Tokens
Thursday, May 18, 2023 - 1:04pm | 458In an unprecedented move, leading gaming company Gala Games obliterated nearly 21 billion of its (CRYPTO: GALA) tokens, equating to more than $637 million at the time of the burn. What Happened: This colossal token burn was undertaken following the completion of the V2 token airdrop...
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GALA Token Plunges 20% As Play-To-Earn Platform Hacks Itself As Security Measure
Friday, November 4, 2022 - 3:40am | 325Crypto play-to-earn platform Gala Games’ native token GALA (CRYPTO: GALA) dropped 20% late Thursday, as fear rose among investors about a potential hack or even worse — a rug pull. What Happened: Over a billion dollars worth of GALA was minted by a single blockchain address out of thin...
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Gaming Tokens See Solid Gains As Bitcoin, Ethereum Flash Green
Monday, February 7, 2022 - 9:27am | 931Gaming and metaverse tokens traded higher in the early hours of Monday as the top two coins by market cap — Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) flashed green. Top Gaming and Metaverse Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) 7-Day % Change (+/-)...
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Under Armour Launching First NFTs To Celebrate Steph Curry's NBA Record: Here Are The Details On How To Get One
Tuesday, December 21, 2021 - 1:07pm | 601Sportswear company Under Armour (NYSE: UA)(NYSE: UAA) is the latest large company to enter the non-fungible token space with its debut line focused on the celebration of its partner Steph Curry. What Happened: Under Armour will be releasing 2,974 NFTs called the Genesis Curry Flow. The NFTs...