Incident Overview
Gala (GALA) is a cryptocurrency and operates on the Ethereum platform. Gala has a current supply of 47,372,357,489.77032. The last known price of Gala is 0.00349687 USD and is up 1.72 over the last 24 hours.
It is currently trading on 576 active market(s) with $23,421,983.05 traded over the last 24 hours. More information can be found at https://gala.com/.
Incident Report
Protocol Information
Market Context at Time of Hack
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Gala, these are the critical security checks that could have prevented this incident (May 2024).
- Verify all logic paths related to Infinite Mint and Dump are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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The Gala hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.