Floki Inu (FLOKI) has surged 15% to hit a new all-time high of $0.0003491, bolstered by a $12 million investment from DFW Labs and a general uptrend in Binance Coin (BNB). The token's market cap has reached $3 billion with significant upcoming developments.
Gala Games, a Web3 gaming company, faced a security breach resulting in the unauthorized minting of 5 billion tokens. CEO Eric Schiermeyer accepted responsibility, stating that 600 million tokens were sold and 4.4 billion burned. The company reassured of no ETH contract compromise and is working with the FBI and DOJ. DFW Labs helped stabilize the token value.