DailyNews
vip

On May 28th, Gala announced the unauthorized issuance of 5 billion GALA tokens and published a post-event report. It stated that all internal processes have been rectified, including the removal of unauthorized users. The hacker has returned the ETH obtained by selling GALA, which has been used to repurchase and destroy tokens. The 5 billion GALA tokens will be destroyed. The attacker's contract and wallet have been immediately blacklisted, and the Ethereum contract is secured through a geographically dispersed multi-signature contract.


Currently, Gala has identified malicious actors through the use of patterns in other activities and within the network. These patterns indicate previous association with minor vulnerabilities, suggesting the presence of privilege access abuse rather than external software vulnerabilities. The case has been submitted to the U.S. Department of Justice and the Federal Bureau of Investigation for further investigation. Meanwhile, Gala is conducting an internal review of security protocols and contract access permissions, strengthening measures such as access control and key management practices.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)