Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%

Web3 and blockchain gaming firm Gala Games partnered with Animoca Brands to boost its native token. The companies joined forces to develop the altcoin and enhance users’ experience. Nonetheless, GALA has faced a 6.7% price decline following the news. Gala Games To Boost User Experience On Wednesday, Gala Games announced its partnership with Hong Kong-based… Continue reading Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO… Continue reading Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program