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Gala Games has recovered $22 million in Ether (ETH) following a security breach on May 20, where $200 million worth of Gala (GALA) tokens were minted. The attacker returned the ETH a day after selling 600 million GALA. Gala Games used its new "GalaChain's blocklist protocol" to freeze 4.4 billion GALA out of the 5 billion minted. The company is considering buying back and burning the equivalent GALA tokens with the returned ETH. A governance vote is underway to decide if the blocklisted GALA will be "considered burned." Meanwhile, DWF Labs bought 28 million GALA tokens to stabilize the token's value.

Gala Games has recovered $22 million in Ether (ETH) following a security breach on May 20, where $200 million worth of Gala (GALA) tokens were minted. The attacker returned the ETH a day after selling 600 million GALA. Gala Games used its new "GalaChain's blocklist protocol" to freeze 4.4 billion GALA out of the 5 billion minted. The company is considering buying back and burning the equivalent GALA tokens with the returned ETH. A governance vote is underway to decide if the blocklisted GALA will be "considered burned." Meanwhile, DWF Labs bought 28 million GALA tokens to stabilize the token's value.

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