GalaChain paused its cross-chain bridge after an abnormal outflow of about $2.9 million in assets. The incident involved 1.99 billion GALA tokens moved from five primary addresses to a new wallet. About 82% of the affected funds came from a wallet linked to Gala CEO and co-founder Eric Schiermeyer.
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GalaChain Pauses Bridge After $2.9M Asset Outflow
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