Everything is fine: $GALA Games Denies Multi-Billion Dollar Hack
Gala Games president urged its community to keep calm after misplaced fears of a multi-billion dollar hack caused the GALA token to temporarily crash 25.6%.
Gala Games president for blockchain Jason Brink explained that the unusual activity detected on DEX PancakeSwap was performed by pNetwork.
The network was working to drain the liquidity pool as a means to safeguard it from a potential vulnerability.
Lots of people are tossing around words like ‘hack’ and ‘rug’. Neither of these is the case”, GALA tweeted
A unusual activity was reported that caused the GALA token price to drop a dramatic 25.6% from $0.0394 to $0.0293 over a 130-minute stretch late on November 3, reports said.