Your Weekly Roundup of Crypto and NFT News
Stay up to date with the latest happenings in the crypto and NFT gaming world with our comprehensive roundup. Discover the biggest news stories, new token launches, and more. Get ready to dive into the exciting developments in the industry!
Major Events in the Crypto Space
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Gala Games Exploit: An unidentified individual took advantage of Gala Games’ smart contract, printing and swiping 5 billion GALA tokens worth $240 million. The attacker returned $22 million worth of ETH the next day.
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The Gala team swapped the Ethereum for GALA tokens and burned them, reducing the overall supply. Network operators are considering the remaining 4.4 billion GALA tokens as effectively burned.
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NYAN Token Launches: Nyan Heroes, a Solana-based hero shooter game, launched its token on Bybit, gaining early momentum with $22 million in volume and a current market cap of $21 million. Bybit hosted a rewards campaign for those staking NYAN, MNT, or USDT on the exchange.
- Notcoin Earning Missions: Notcoin introduced a new type of in-game mission allowing players to passively earn crypto rewards by engaging with partner projects within the game.
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