Gala Game, a Web3 gaming project, recently fell victim to an exploit orchestrated by an unknown attacker. This attacker, referred to as a compromised or rogue admin address, managed to mint a staggering 5 billion GALA tokens, equivalent to over $200 million. The security breach was quickly contained, and the affected wallet was promptly frozen.
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Polimec, a revolutionary decentralized funding protocol, has recently made its official debut on the Polkadot platform. This platform, designed to transform the way Web3 projects raise capital and issue tokens, aims to create a transparent and regulatory-compliant environment for investors and startups globally. One of the standout features of Polimec is its focus on community-driven
In the midst of a crypto market rally, crypto experts are turning their attention to a new Solana meme coin known as Sealana (SEAL). This coin has been gaining traction as the market shows signs of optimism, particularly with hopes for the SEC to approve spot Ethereum ETFs. With Ether (ETH) jumping 15% and analysts
In the realm of fantasy football, Fanton Fantasy Football on Telegram is making waves with its unique approach to the game. By seamlessly integrating with Telegram, one of the most widely used messaging apps, Fanton has eliminated the need for players to download separate applications or visit external websites to participate in the game. This
Ethereum, the second-largest cryptocurrency by market capitalization, is currently on the brink of a crucial moment as analysts predict a potential breakout. One prominent crypto analyst, Jelle, recently pointed out that Ethereum is nearing the end of a falling wedge pattern, which is typically considered a bullish signal in technical analysis. This pattern emerged as
Recent developments in the approval process for spot Ethereum exchange-traded funds (ETFs) have sparked greater optimism among industry experts. The Securities and Exchange Commission (SEC) has requested spot Ethereum ETF applicants to update their 19-b4 filings, prompting speculation that approvals may be on the horizon. Bloomberg ETF analyst Eric Balchunas hinted that the SEC might
The resurgence of retail investors in the Ethereum meme coin market has led to a surge in interest in tokens like Apu and Dogeverse. These tokens have captured the attention of traders looking for promising investment opportunities in the meme coin space. In this article, we will analyze the current price trends of APU and
The cryptocurrency market is filled with constant fluctuations and uncertainties. However, a recent development in a crucial Bitcoin metric has sparked optimism among crypto analysts, hinting at a potential bullish rally for the world’s largest cryptocurrency. This unique technical pattern has caught the attention of experts, leading to speculations about the future trajectory of Bitcoin’s
In a surprising turn of events, Michael Sonnhenshein, CEO of Grayscale, the world’s largest Bitcoin ETF, has announced his decision to step down from his position. This news comes as a shock to many in the industry, as Sonnhenshein has been a key figure at the company since 2014 and has served as CEO since
As we look ahead to the economic week, all eyes are on the Federal Reserve meeting minutes and the big earnings report from semiconductor giant Nvidia. These pivotal events will provide valuable insights into the future economic landscape and market trends. Last week, the U.S. Dow Jones Industrial Average (DJIA) surpassed the 40,000 mark for
