The pGALA contract on BNB Chain was attacked, and pNetwork said it would redeploy the contract

According to CoinDesk, an address on the BNB Chain minted more than US$1 billion of pGALA tokens out of thin air and sold them on PancakeSwap for profit, which led to a short-term drop of more than 20% in GALA. The multi-chain routing protocol pNetwork stated on Twitter that due to the misconfiguration of the cross-chain bridge, the pGALA contract on the BNB Chain needs to be redeployed. It is currently working with the Gala Games team and PancakeSwap to obtain the account balance of the user pGALA and restore the deposit and withdrawal function. pNetwork stated that the GALA cross-chain bridge is currently suspended and is trying to exhaust the liquidity on PancakeSwap. Users are requested not to trade pGALA in the DEX on the BNB Chain. pNetwork said that after the new contract is deployed, new pGALA tokens will be airdropped at a ratio of 1:1, and the vulnerability report and update progress will be released within a few hours. Currently, GALA tokens on Ethereum and other assets on the bridge are safe.