High Alert

Hacker turned 55 days of failed transactions into a $3 million master key that drained GalaChain wallets

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
Hacker turned 55 days of failed transactions into a $3 million master key that drained GalaChain walletsWorldPing
Image via CryptoSlate.

What happened

Ledger timestamps and SDK patches show why signed intent needed automatic checks before funds reached a bridge.

Key facts

  • Ledger timestamps and SDK patches show why signed intent needed automatic checks before funds reached a bridge.
  • Reported by CryptoSlate and published Thu, 17 Sep 2026 11:30:07 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Revolut says no direct contact after $3 million public ransom demand

  2. Hacker turned 55 days of failed transactions into a $3 million master key that drained GalaChain wallets

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

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