On May 21 at approximately 19:32 UTC, an unknown person gained access to Gala Games smart contracts and issued 5 billion tokens. He managed to exchange 592 million GALA for 5952 ETH The project team confirmed the compromise and blocked access to the assets and burned the remaining 4.4 billion tokens.
Amid the news of the hack, #GALAUSDT price fell from $0.047 to $0.0375. After the team announced that the funds were safe, the price of the asset began to recover. At the time of writing, it is trading around $0.041.
This is not the first such #GALAGames "fuckup", there were similar situations in November 2023 and 21/22.
In the near future, it would be a good gesture from the “strong hands” of #Gala to organize the price of the coin to rise to at least $0.24 and maybe even $0.34. To show that GALA Games is as strong as ever.
What do you think, is this a real scenario or just a "wet dream" ?)