⇗ GALA Coin Surges Following Security Incident and Partnership Announcements
GALA Coin , the native P2E gaming token of the Gala Games ecosystem, continues to draw substantial market attention, considering diverse market...
A new iGaming token has potential to replicate GALA coin's 500x 2021 spike, with Ripple holders anticipating to see a rise in Ripple's value. Despite Qubetics' 2000% ROI and Gala revolutionizing gaming, Security Incident was contained and stabilized after a hacker stole around $22 million from GALA's blockchain platform.
Furthering their impact in the field, GALA announced an addition of three million users to their Telegram gaming ecosystem just before launching their $TREZ token. GALA has also seen a surge in their token price ahead of unveiling upcoming big ecosystem news. The company then introduced Music Coin to boost web3 music engagement and also expanded their payment options by teaming up with Animoca brands & Coinflow and integrating Google Pay and Apple Pay for transactions. They also launched Treasure Tapper and partnered with TON and Telegram to boost web3 onboarding.
Despite a security incident that led to unauthorized sale of $200 million worth coins from GALA, the company has managed to recover quickly. The stolen fund was returned and $23M worth ETH was burnt. The company introduced GalaChain for web3 gaming and entertainment, and their token bounced back after integrating payment platforms into their system. Despite some fluctuation in its value, GALA's price is expected to improve further.
GALA Coin News Analytics from Thu, 07 Dec 2023 11:38:57 GMT to Sat, 05 Oct 2024 21:01:18 GMT - Rating 2 - Innovation 8 - Information 4 - Rumor -3
