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Tag: Refunded

$22 Million Refunded to Gaming Company Gala

$22 Million Refunded to Gaming Company Gala

The Intriguing World of Crypto Security: A Gala Games Saga In a world where digital currencies are shaping the future of global finance, the recent incident involving the cryptocurrency platform of Gala Games serves as a stark reminder of the vulnerabilities and challenges inherent in this burgeoning sector Not long ago, a cunning hacker exploited a loophole, gaining entry through Gala Games' administrative gateway This assailant then proceeded to create an astonishing 5 billion new GALA tokens out of thin air The aftermath of the breach saw the hacker swiftly transferring a colossal sum of around 4,600 Ethereum (ETH) to a third-party platform, only to exchange 600 million of these freshly minted GALA tokens on Uniswap, pocketing a staggering $21 million in the process In a subsequent move, a massive 4...

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