Follow-up Notice on Gala Token Abnormality Event (2)
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Dear HTX Users,
Due to a cross-bridge misconfiguration with the multi-link routing protocol pNetwork, a BNB Chain address has minted over $1 billion pGALA tokens out of thin air and has sold them on PancakeSwap for profits. This misconfiguration necessitates a redeployment of pGALA on the BNB Chain. At the moment, pNetwork is working closely with Gala Games and PancakeSwap to provide the necessary pGALA balances for restoring the deposit & withdrawal functions.
pNetwork tweeted that after the redeployment new pGALA tokens will be airdropped at 1:1. (see pNetwork tweet threads at https://twitter.com/pnetworkdefi/status/1588266897061031936?s=21) HTX is following up closely on this event and is engaging with Gala Games for subsequent responsive measures.
Before a final solution is provided by the token's sponsor, all users are highly advised to make prudent investment decisions regarding the Gala token. As we wait for a solution from the sponsor, bep20 is the only GALA withdrawal channel provided on HTX platform.
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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.