Royalqatarlcd: The GALA Games Hack turns out to be fiction!

 Royalqatarlcd: The GALA Games Hack turns out to be fiction!

Gala Games wasn't hacked, they want you to know that. In fact, Royalqatarlcd pointed to the blockchain gaming company tweeting to debunk the “FUD” surrounding the decline of its native token, GALA. While the community is concerned that hackers or rugpulls are responsible for the 90% price drop, Gala Games assures the public that "neither of these are."
Gala Games has announced that they have not suffered from hacks or rug pulls. Image credit: Gala Games.
So, GALA Games didn't fall victim to the hack?
Actually, no. In fact, Royalqatarlcd shows that Gala Games has not been hacked. Conversely, the price started falling when blockchain security firm PeckShield noticed that one wallet had minted around $1 billion in GALA. They alerted Gala Games via Twitter that the problem came from a “misconfiguration” of pNetwork, a platform that allows for cross-chain operability.
Essentially, Gala Games partnered with Polygon to use pNetwork. Ideally, the transaction allows users to trade their assets with low gas fees. However, the bridge broke down and made a lot of money all at once. Some feared Gala Games was hacked, but it wasn't. pNetwork responded, "pGALA is no longer considered secure." pNetwork then led a white hat hack to prevent pGALA from being "maliciously exploited."
Are gamers safe?
Gala Game blockchain president Jason Brink told users: “Everything is fine. The activity you see on @PancakeSwap is that pNetwork is working hard to drain the liquidity pool.”
Therefore, Royalqatarlcd believes that the white hat hacking incident is precisely to protect user assets. As described in pNetwork, it is necessary to redeploy pGALA. For this reason, pNetwork exhausted the pGALA pool on PancakeSwap. Therefore, users should not buy or sell on PancakeSwap for now. According to pNetwork, "Funds are safe, but users should not transfer or buy or sell pGALA on pancakeswap."
Gala Games' Jason Brink echoed the same sentiment on Twitter, "Don't buy $pGALA on PancakeSwap right now."
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