Gala Hack

Gala was exploited on the Binance chain. The attacker used a privileged function to mint 55,628,400,000 $GALA  tokens to an EOA address.

Gala is a metaverse including Gala Games, Gala Music, and Gala Films. The project's token smart contract on the Binance chain was used to mint large an amount of $GALA tokens. The total worth of the newly minted tokens reached 1,156,000,000 $USD. The attacker managed to swap the part of tokens for 4,540,655 $USD worth of $BNB. All the stolen funds remain at the initial EOA address at the moment. Funds on the Ethereum chain and collateral of the bridges were not affected.

The pNetwork team calls for calm, claiming that the incident was just a drain of the liquidity pool to safeguard potential vulnerabilities. And there was no hack or rug.

Attacker address:

https://bscscan.com/address/0xe8710dad…9bd20f

Wallet holding the funds:

https://bscscan.com/address/0x6891A233…44e8C1

Malicious transactions:

https://bscscan.com/tx/0x4b239b0a…515c2e

https://bscscan.com/tx/0x439aa6f5…fe616d