CoinDesk - $1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard

https://www.coindesk.com/markets/2022/11/03/1b-crypto-hack-fears-spur-20-gala-plunge-but-firm-implies-it-attacked-itself-as-a-safeguard/
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Original GALA tokens fell 20% on fears of a billion-dollar hack, or possibly a rug pull, as Thursday night's Gala game wreaked havoc.

According to the company, pGALA is no longer considered a safe, and orchestrated white-hat attack to prevent exploitation.

pNetwork tweeted that all GALA tokens on Ethereum and the underlying bridge collateral are secure and that the problem lies in a bridge misconfiguration.

Are you a Gala user too? Keep up with this news!

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