2022-11-4 08:53 |
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack.
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Gala, has filed a lawsuit against pNetwork due to a million-dollar scam that took place in Nov. 2022. According to Gala, pNetwork's negligence led to the attack.
Huobi and the pNetwork Team clash over a GALA coin smart contract vulnerability following a white hack execution by pNetwork that resulted in losses for the exchange. Huobi Count Losses via pNetwork Issues Huobi allegedly suffered significant losses after pNetwork…
A single blockchain address minted over $1 billion worth of GALA tokens. Is Gala Games the next in line to join a billion-dollar-hack list? The team claims that it's not. The post Gala Games: $1B Hack Scare Tanks GALA Price By Nearly 30% appeared first on BeInCrypto.
DeFi bridging Protocol, pNetwork, is the most recent protocol to be targeted by a cyber attack. An unknown hacker has stolen about $12. 7 million worth of tokenized Bitcoin from the Binance Smart Chain-based cross-chain platform.
pNetwork, a cross-chain composability system that allows assets and Non-Fungible Tokens (NFTs) to move freely between blockchains, has officially partnered up with Algorand, the pure proof-of-stake blockchain focused on the convergence between decentralized and traditional finance, to launch cross-chain bridges for the Algorand ecosystem.
During the last year, Ethereum’s DeFi ecosystem has grown exponentially to form a multi Billion Dollar market. As Decentralized Finance expands, it becomes more and more relevant to have cross-chain connections that enable crypto assets to flow instantly and seamlessly across blockchain networks.