Gala Games CEO blames $23M exploit on ‘messed up’ internal controls
Gala Games CEO Eric Schiermeyer confirmed on Tuesday there was a “security incident” that resulted in the unauthorized sale of 600 million GALA tokens.
Gala Games CEO Eric Schiermeyer confirmed on Tuesday there was a “security incident” that resulted in the unauthorized sale of 600 million GALA tokens.
Original source
Read on CointelegraphRelated market context
Cointelegraph Tracks Bitcoin ETF Rumours and Market Surge as North American Crypto Volume Explodes 1,000%
Cointelegraph reports Bitcoin ETF rumours lifting sentiment, North American crypto volume up 1,000% YoY, and Ethereum recapturing...
Binance Research: April DeFi Exploits Triggered $13 Billion in Outflows
A wave of April exploits drove roughly $13 billion out of decentralized finance, sharply compressing total value locked and pushin...
Bitcoin and Ethereum Blockchain Activity Surges as Network Metrics Hit New Highs
Bitcoin and Ethereum on-chain activity surges with rising transaction volumes and active addresses, driven by market rally and ins...
Manchester United considers Sander Berge as midfield option, and there’s a crypto angle worth knowing
Manchester United's blockchain ventures could influence crypto markets, highlighting the intersection of sports and digital financ...
Ethereum’s staking ratio reaches all-time high of 33%
Ethereum's high staking ratio reduces circulating supply, potentially impacting liquidity and decentralization, while posing gover...
Ethereum Research Proposal Targets Post-Quantum Wallet Security At Low Gas Cost
A new Ethereum Research proposal is putting post-quantum wallet security back in focus, outlining a practical way to verify quantu...