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‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack

Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a  multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%. The initial panic, which Gala Games later implied was unfounded, came after a single wallet address appeared to mint over $2 billion GALA tokens out of thin air — which was flagged by blockchain security firm PeckShield on Nov. 3. Fears that the unusual activity was a sign of an exploit or rug pull caused the GALA token price to drop a dramatic 25.6% from $0.0394 to $0.0293 over a 130-minute stretch late on Nov. 3, according to data from CoinGecko. However, Gala Games took to Twitter on Nov. 4 to dispel the “FUD” surrounding its native token, explaining that “lots of people are tossing around words like ‘h...

2 key indicators cast doubt on the strength of the current crypto market recovery

Analyzing the aggregate cryptocurrency market performance over the past 7 days could give investors the impression that the total market capitalization grew by a mere 4% to $2.03 trillion, but this data is heavily impacted by the top 5 coins, which happen to include two stablecoins. Excluding Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and stablecoins reflects a 9.3% market capitalization increase to $418 billion from $382 billion on Feb 4. This explains why so many of the top-80 altcoins hiked 25% or more while very few presented a negative performance. Winners and losers among the top-80 coins. Source: Nomics Gala Games (GALA) announced on Feb. 9 a partnership with world renowned hip-hop star Snoop Dogg to launch his new album and exclusive non-fungible token (NFT) campaign. Gala Game...

GALA gains 117% in February as P2E crypto gaming goes mainstream

The play-to-earn (P2E) gaming sector of the cryptocurrency ecosystem has been one of the most resilient sectors to the volatility and price declines seen in the past couple of months as gamers are jumping on the ability to earn income while playing tokenized videogames. One project that has seen its token price climb rapidly in the first week of February is Gala (GALA), a protocol focused on utilizing blockchain technology to give players control of the games they play and in-game items they acquire. Data from Cointelegraph Markets Pro and TradingView shows that the price of GALA climbed 117% after hitting a low of $0.177 on Feb. 2 to hit a daily high of $0.384 on Feb. 7. GALA/USDT 4-hour chart. Source: TradingView Three reasons for the rapid recovery in GALA price include the upcoming lau...

2023: Arewa youths reject Mamman Daura’s call to jettison zoning

Northern youths under the aegis of Arewa Youths for Peace and Security (AYPS) have rejected a call for political parties to jettison zoning in the choice of presidential candidates for the 2023 general election. The post 2023: Arewa youths reject Mamman Daura’s call to jettison zoning appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Kano evacuates 1, 213 almajiris to their home state

Kano State Government on Sunday said no fewer than 1, 213 Almajiris have been evacuated to their state of origin. Alhaji Murtala Sule Garo, Chairman, Kano State Almajiri Evacuation Committee told newsmen in Kano that “due process and proper screening are the hallmark of the ongoing evacuation exercise.” Garo who is also the Commissioner for Local government revealed that the Committee worked with the state Ministry of Health to ensure that Almajiris taken out of Kano to their respective states of origin are in good health. He said Kano has so far, received over 200 Almajiris returnees from Kaduna, Plateau and Niger states respectively. Garo stressed ‘as I speak to you, they are being quarantined in Kiru Reformatory Institute, where they are being provided with free feeding and medication b...