Gala Games was not hacked, and they want you to know that. In fact, the blockchain gaming company Tweeted to debunk the \u201cFUD\u201d surrounding the decline of their native coin, GALA. While the community worried that a hack or rugpull was the cause for a 90% price drop, Gala Games assured the public that \u201cneither of these is the case.\u201d<\/p>\n Actually, no. As a matter of fact, Gala Games was not hacked. Instead, the drop in price started when PeckShield, a Blockchain security firm, noticed around $1 billion GALA minted by a single wallet<\/a>. They alerted Gala Games via Twitter<\/a> that the problem came from a \u201cmisconfiguration\u201d with pNetwork, a platform that allows cross-chain operability.<\/p>\n Essentially, Gala Games partners with Polygon to use the pNetwork. Ideally, the deal allows users to trade their assets with low gas fees. However, the bridge became faulty, making a lot of coins minted at once. Some feared that Gala Games was hacked, but in fact they were not. pNetwork responded to PeckShield, saying that<\/a> \u201cpGALA wasn\u2019t to be considered safe anymore.\u201d Then pNetwork led a white hat hack to prevent pGALA from becoming \u201cmaliciously exploited.\u201d<\/p>\n Jason Brink, Gala Game\u2019s President for Blockchain, explained that \u201cEverything is fine. The activity you have been seeing on @PancakeSwap<\/a> is pNetwork working to drain the liquidity pool.\u201d<\/p>\n Indeed, the white hat hack happened to protect user assets. According to pNetwork, it is necessary to redeploy pGALA. For this reason, pNetowk drained the pool of pGALA on PancakeSwap. Therefore, users should not buy or sell on PancakeSwap for the time being. According to pNetwork<\/a>, \u201cFunds are safe but users should NOT transfer or buy\/sell pGALA on pancakeswap.\u201d<\/p>\n Jason Brink of Gala Games echoed the same sentiment when he Tweeted<\/a>, \u201cDo not buy $pGALA on PancakeSwap for now.\u201d<\/p>\n In temporary measures, moderators suspended the GALA bridge. While redemptions are not being processed and users may not transact, GALA has informed the community that funds are safe.<\/p>\n Not to mention, pNetwork will be airdropping an uncompromised GALA token to users in the next few days to replace the previous one. This, according to pNetwork<\/a> will arrive \u201cin the coming days to those who had pGALA before the pool was drained.\u201d As such, GALA has advised users not to transact with pGALA until they have new tokens in hand.<\/p>\n To begin with, Huobi detected a large influx of tokens being exchanged. This was early on into the event, later dubbed a misconfiguration. Because of the sudden uptick and fear of Gala Games being hacked, prices of GALA dropped by as much as 90%. Huobi delisted GALA soon after.<\/p>\n![\"Gala](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/b6b389954387b7c5951ba01f1edf715076a20427-1920x1080-1-scaled.jpg.webp)
\n<\/picture>\n<\/noscript>So, GALA Games didn\u2019t fall victim to a Hack?<\/b><\/span><\/h2>\n
Are Gamers Safe?<\/b><\/span><\/h2>\n
![\"A](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/1-ZGg0KrXyt5M0do50iUjNbQ-scaled.jpeg.webp)
\n<\/picture>\n<\/noscript>Can you trade GALA?<\/b><\/span><\/h2>\n
Why Did Huobi Delist?<\/b><\/span><\/h2>\n
![\"An](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/grit-3.webp\")