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GALA Plunges 5% After Gala Games Is Hit By $200 Million Exploit

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Web3 gaming firm Gala Games (GALA) plunged more than 5% after an apparent exploit worth about $206 million identified by on-chain sleuth Etherscan . Someone minted 5 billion GALA tokens on May 20, Etherscan said, triggering a 15% plunge in the GALA price to $0.0397. I t has since pared losses to trade at $0.04136 as of 5:20 a.m. EST. The incident has been contained and impacted wallets were frozen, the project said in a May 21 post on X. It added that it is “working closely with law enforcement to investigate the individuals behind the breach.”  The security incident involving the $GALA token has been contained and the impacted wallet has been frozen. This was an isolated incident, the cause of which has been addressed and we are working closely with law enforcement to investigate the individuals behind the breach.… — Gala Games (@GoGalaGames) May 21, 2024 History Repeats Itself As Gala Games Hit With Another Multi-Million Dollar Exploit This is not the first exploit that Ga
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Is It Too Late To Buy GOME? Game Of Memes Explodes 400% As Experts Say Consider This Crypto Casino For Explosive Potential

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The Game of Memes price surged 400% in the last 24 hours to trade at $0.006743 as of 3:30 a.m. EST on trading volume that skyrocketed 2,245% to $6.3 million. The project skyrocketed after the recent update to its game had dropped, featuring a new power-up, unique character abilities, and reverting the starting weapon to the Uzi, after removing the pistol due to user feedback. The update also came with multiple bug fixes and improvements, including improvements to FPS. The team also fixed the issue of zombies getting stuck in walls and ensured that the bullets could penetrate multiple zombies. Gome also hit 6.5k followers on X recently, and data from DEXTools shows that it has 4.75k holders. In other words, the project’s community is growing rapidly. With each new update, its game is getting better and more fun to play, ensuring greater user satisfaction, which helps in spreading the word and encouraging new users to join. Game of Memes Price Prediction The GOME token skyrocketed o
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Sell-off alert: Over $1 billion in token unlocks this week

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Over $1 billion in token unlocks will hit the cryptocurrency market starting on Monday, May 20. This could result in a massive sell-off event, mainly affecting Pyth Network (PYTH) and Avalanche (AVAX) investors. Previously, Finbold reported that May would see over $4 billion in token unlocks from multiple projects. Last week, Aevo (AEVO) unlocked $1 billion, which we featured as a cryptocurrency to avoid trading due to this inflation. Now, in the next seven days, the market will see $1.27 billion worth of token unlocks from six cryptocurrencies. PYTH dominates the seven-day overall inflation with $905.72 million worth of unlock, inflating its supply by 141.7%.  Picks for you Here's when Bitcoin (BTC) will hit $100k 29 mins ago Cardano whale activity up 10x; Will ADA break the $1 barrier? 1 hour ago Bitcoin whale trader turns bullish, stacks $175 million BTC in May 2 hours ago Is the recession here? U.S. delinquency rate surges to highest level in 14 y
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NFT Sales Fall 8% Again This Week – How Low Can NFTs Go This Bear Market?

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The non-fungible token market continues to experience negative week-over-week growth after the recent crypto market hype that fueled its resurgence faded. The NFT market retested a massive market rally earlier this year, following the then highly anticipated Bitcoin halving event. NFTs Fall Again In Sales This Week In March 2024, the crypto market underwent a rally, which pushed the flagship crypto, Bitcoin, to new all-time highs. The rally also fueled the resurgence of some NFT collections, including the BRC-20 NFT collections, Bitcoin Ordinals, and ERC-404 NFT collections. Unfortunately, this short crypto and NFT bullish season did not last long. Data compiled by cryptoslam.io, an on-chain crypto market aggregator and a multi-chain non-fungible token explorer, shows that the non-fungible token market has yet suffered another week of market downturn. In the past seven days, the global NFT market has amassed a trading sales volume of $150 million, representing an 8.66% decline from
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Bitcoin (BTC) Predicted To Hit New All-Time High This Weekend

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Bitcoin (BTC) hit an all-time high of $73,737.94 on Mar. 14, 2024, a little over two months ago. The original cryptocurrency has since fallen by over 10% and currently trades for around $66,200. Despite the 10% correction from its March peak, there is a possibility that BTC will hit a new all-time high this weekend. According to Changelly, BTC might surge to $74,666 on Sunday, May 19, 2024. Hitting $74,666 from current levels would translate to a growth of about 12.83%. Furthermore, Changelly anticipates BTC to surpass the $80,000 mark by early June. The platform predicts BTC to hit $86,404 on June 10, 2024. Reaching $86,404 from current levels would translate to a growth of about 30.56%. Also Read: Bitcoin and Altcoins Surging Following CPI Report – 5 Best Crypto to Buy Now CoinCodex also anticipates Bitcoin (BTC) to rally but is not as bullish as Changelly. CoinCodex predicts BTC to hit $70,566 on Sunday, May 19, 2024. Reaching $70,566 from current levels would transl
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Crypto expert Michaël van de Poppe sells all his Bitcoin; Here’s why

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Not long after declaring his ‘opportunity cost’ strategy, which involves selling all of his Bitcoin (BTC) possessions, renowned cryptocurrency expert Michaël van de Poppe followed up on his announcement, stating he has, indeed, sold all of his Bitcoin and explaining his reasoning. As it happens, van de Poppe said his recent actions did not mean he lost his faith in the maiden crypto asset, nor that he expected it to be topped out for this cycle, nor that he had “become a complete believer in Gold,” according to a long X post explanation on May 16. Ultimate goal: more Bitcoin Quite the opposite – the professional crypto trader said he did this because he is “aiming to get more Bitcoin back later in the year,” considering “it’s a bull cycle,” and reiterating his earlier doubts regarding the traditional four-year cycle of the flagship decentralized finance (DeFi) asset. Picks for you We asked ChatGPT-4o to make a $1,000 crypto portfolio 35 mins ago Opportunity? Cryp
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Is It Too Late To Buy PUPS? Pups (Ordinals) Price Skyrockets 82% As This Crypto Casino ICO Blasts Past $1 Million

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The Pups (Ordinals) price has surged 82% in the last 24 hours to trade at $26.23 as of 7:15 a.m. EST on a 289% surge in trading volume to $13 million. PUPS, the pioneering meme coin on the Bitcoin blockchain, made a big splash in the crypto scene with its successful BRC-20 token airdrop and has quickly become a hot topic in the crypto world. Pups (Ordinals) Price Signals A Bullish Trend Reversal The Pups (Ordinals) price had been on the decline after reaching its peak at $152 due to bearish sentiment in the market after the halving.  However, the support zone at $13.29, where the bulls are stepping in to stabilize the price. Despite the decline, this support level appears robust, giving the bulls a chance to gather momentum and potentially drive the price back up to recover their losses. PUPSUSDT Analysis . Source: Tradingview.com The descending triangle pattern indicates that the bullish momentum may persist, potentially driving higher prices. If this momentum continu
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Synthetix Price Prediction for Today, May 15 – SNX Technical Analysis

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The Synthetix prediction price is changing hands at $2.56 as the coin moves to cross above the 9-day and 21-day moving averages. Is SNX Poised for a $10 Surge? In the rapidly evolving crypto landscape, where new opportunities abound, investors are increasingly drawn to uncovering hidden gems among established assets. In this pursuit, Synthetix (SNX) shines brightly as a leading candidate, boasting significant underlying potential amidst the flurry of activity. Synthetix Market Price Statistic: Synthetix price now: $2.56 Synthetix market cap: $842.1 million Synthetix circulating supply: $327.7 million Synthetix total supply: $328.1 million Synthetix coin market ranking: #93 SNX/USD Market Key Levels: Resistance levels: $4.00, $4.15, $4.30 Support levels: $1.15, $1.00, $0.85 SNXUSD – Daily Chart SNX/USD is currently trading around $2.56 and once it manages to surpass the potential resistance of $2.60, the next target could be located at $3.00 where it could trade above th
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SushiSwap Price Prediction for Today, May 15 – SUSHI Technical Analysis

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The SushiSwap price prediction shows that SUSHI may cross above the channel’s upper boundary as the coin touches the $1.05 resistance. SushiSwap Governance Proposal Recommends Transferring DAO Treasury Assets to New Sushi Labs Vault A new SushiSwap governance proposal recommends moving assets from the DAO-controlled treasury to a new treasury managed by Sushi Labs, ensuring that all future airdrops are directed to the Sushi Labs vault. SushiSwap Prediction Statistics Data: SushiSwap price now – $1.00 SushiSwap market cap – $266.8 million SushiSwap circulating supply – 248.2 million SushiSwap total supply – 263.5 million SushiSwap Coinmarketcap ranking – #240 SUSHI/USD Market Key Levels: Resistance levels: $1.65, $1.70, $1.75 Support levels: $0.40, $0.35, $0.30 SUSHIUSD – Daily Chart SUSHI/USD is likely to refresh to the upside as the coin currently trades at $1.00 consolidating within the channel. Today, the SushiSwap price is likely to stay below the 9-day and 21-day m
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XRP Price Dips 4% In A Week As This Green AI Crypto Presale Races Towards $4 Million

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The XRP price has dropped 4% in the last seven days to trade for $0.5011 as of 02:32 a.m. EST. In the past 24 hours, the Ripple token has dipped a fraction, on trading volume that surged 10%. XRP Price Prediction The Ripple price is consolidating sideways as part of a horizontal chop. It is stuck below the 50% Fibonacci placeholder of $0.5665. The market is leaning in favor of the downside, with multiple momentum indicators suggesting a possible downside. To begin with, the Relative Strength Index (RSI) is below the mean level of 50. This worsened by the position of the Awesome Oscillator (AO) in negative territory. With this, it is likely that the XRP price could extend the fall before a possible recovery. Based on the Fibonacci retracement indicator, the XRP price could provide another buying opportunity at $0.4228. GeckoTerminal: XRP/USDT 1-day chart A closer look at the RSI reveals that the momentum indicator has managed to record a steady series of higher lows since April.
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Joe Biden Orders Ousting Of China-Backed Crypto Mining Firm Near US Missile Base

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US President Joe Biden issued an order preventing a China-linked crypto mining company from operating close to an Air Force base in Wyoming, citing national security risks. “There is credible evidence that leads me to believe that MineOne Partners Limited, a British Virgin Islands company ultimately majority owned by Chinese nationals […] might take action that threatens to impair the national security of the United States,” the May 13 order said. MineOne now has 120 days from the date of the order to sell the property near the nuclear missile base, which is less than a mile away. The order has also specified that the firm is not permitted to transfer the property to third parties. “Today’s divestment order underscores President Biden’s steadfast commitment to protecting the United States’ national security,” Treasury Secretary Janet Yellen said.  Microsoft Raised Some Red Flags Regarding Crypto Mining By MineOne MineOne Partners acquired the property in 2021. It then made room
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