2023-3-21 23:47 |
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.
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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…
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack.
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.