Gala Coin underwent a serious security issue, as attackers swiped over $22 million from the Gala Games blockchain platform. The company was quick to address the issue, claiming to have 'contained' the incident. Despite this, the crypto gaming company noted an unauthorized sale of $21 million worth of coins. However, the
ressiliency of the Gala Coin has been noteworthy with the exploit only causing a momentary price dip. Thanks to quick response by the team, as well as an unexpected return of $22 million from the exploiters, the Gala Coin has largely stabilized since. With new features introduced in the Treasure Tapper game, and
partnerships with entities like Animoca Brands, Gala Games is continuing to focus on
growth and innovation. Predictions indicate a potential surge in the price of Gala Coin, bolstered by significant market fortitude shown by the crypto. Enthusiasts have debated hotly over whether it is too late to invest in Gala Coin, especially with new partnerships announced to advance eSports. There is growing optimism in the Gala’s potential to rally even after several theft-related setbacks. Some analysts predict an uptick in the value of Gala Coin by up to 50% post halving after the team's recovery of the stolen funds.
GALA Coin News Analytics from Mon, 18 Sep 2023 07:00:00 GMT to Mon, 22 Jul 2024 11:21:27 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor 2
