Coindesk Logo
SearchIconBlack
Crypto Prices
CoinDesk Market Index
TV & Videos
Newsletters
Podcasts
WhiteLayersIcon
Layer 2
Learn
Bitcoin Calculator
Events
Webinars
Indices
About
Markets
Companies
Technology
Web3
Policy
Sponsored Content
Upcoming event
Breaking News Feature Image
Just Announced! Consensus 2023 Speakers – Nicole Muniz, Kevin Rose, Jenny Johnson and More
Bitcoin
$21,260.95+3.14%
Ethereum
$1,639.74+3.66%
Binance Coin
$354.31+0.87%
XRP
$0.49329603-1.10%
Binance USD
$1.00+0.13%
Dogecoin
$0.12714179+6.08%
Cardano
$0.42272400+3.25%
Solana
$34.92+8.22%
Crypto.com
$0.12503213+6.95%
Stellar
$0.11393600-0.73%
Polygon
$1.18+6.39%
Chainlink
$8.59+4.84%
FTX Token
$25.41+2.70%
Polkadot
$6.98+4.47%
Aptos
$7.57+3.09%
Uniswap
$7.55+3.08%
Shiba Inu
$0.00001266+2.11%
Tron
$0.06367688+1.75%
Avalanche
$19.24+0.94%
Wrapped Bitcoin
$21,283.53+3.34%
Litecoin
$67.84+2.17%
Cosmos
$15.20+3.33%
Quant
$162.20+0.24%
Ethereum Classic
$25.73+1.61%
Monero
$159.55+4.83%
Algorand
$0.40398730+4.84%
Internet Computer
$5.58+1.69%
NEAR Protocol
$3.29+3.67%
Bitcoin Cash
$123.22+1.77%
Flow
$1.85+3.76%
Filecoin
$6.04+2.54%
Curve DAO Token
$0.99894809+2.48%
VeChain
$0.02531579+2.47%
Luna Classic
$0.00024898+11.80%
Decentraland
$0.70640509+6.31%
Hedera
$0.06227604-0.16%
Aave
$94.51+1.99%
ApeCoin
$4.79+5.12%
Elrond
$59.86-0.92%
The Sandbox
$0.90660993+6.81%
Chiliz
$0.25191284+3.62%
Tezos
$1.44+2.66%
Theta
$1.27+1.07%
EOS
$1.18+0.31%
Axie Infinity
$10.76+18.44%
Bitcoin SV
$49.17+2.64%
Paxos Dollar
$1.03+2.88%
NEO
$8.99+3.14%
Maker
$905.25+3.49%
Synthetix
$2.70+2.87%
Fantom
$0.30838014+12.46%
BitTorrent
$0.00000083+2.85%
IOTA
$0.27069698+2.76%
eCash
$0.00003883+1.93%
PancakeSwap
$4.95+0.78%
The Graph
$0.09511554+1.75%
Zcash
$53.48+1.86%
Nexo
$1.05+4.47%
Mina
$0.75489898+1.04%
Compound
$51.85+3.41%
PAX Gold
$1,671.89+1.83%
Basic Attention Token
$0.33170000+0.73%
THORChain
$1.65+5.29%
Dash
$44.87+2.76%
Zilliqa
$0.03251884+2.14%
Enjin
$0.47734185+5.28%
Sushiswap
$1.89+2.06%
Kava.io
$1.46+1.19%
Ethereum Name Service
$17.62+3.02%
Stacks
$0.33426899+3.24%
Celsius
$1.05+10.42%
Loopring
$0.35373215+12.51%
Decred
$28.23+1.82%
Terra 2.0/LUNA
$2.52+5.07%
Amp
$0.00506065+2.30%
Ravencoin
$0.03217349+3.33%
Immutable X
$0.65573384+6.07%
NEM
$0.04093100+1.96%
TerraUSD
$0.03726030+5.46%
Celo
$0.76649788+3.09%
Waves
$3.58+5.11%
Bitcoin Gold
$18.09+7.29%
Oasis Network
$0.06783935+5.25%
IoTeX
$0.03598793+15.33%
Kusama
$37.38+6.71%
Qtum
$3.01+3.10%
Yearn Finance
$8,310.80+0.98%
Polymath Network
$0.29754251+12.30%
Gala
$0.03850872+11.09%
0x
$0.27661042+2.39%
Optimism
$1.28+4.67%
UMA Protocol
$2.39+3.41%
Livepeer
$10.27-1.94%
Ankr
$0.03127796+0.70%
NuCypher
$0.20017097+37.30%
OMG Network
$1.78+2.80%
Moonbeam
$0.53009949+3.41%
Woo Network
$0.18803117-0.47%
Injective Protocol
$2.84+0.45%
Audius
$0.23699357+5.93%
Serum
$0.83301271+7.42%
ICON
$0.24003574+3.48%
Wax
$0.08681478+2.83%
Secret
$0.99403260+2.30%
Siacoin
$0.00345428+2.98%
SXP
$0.34332692+3.30%
Skale
$0.04306186+5.66%
DigiByte
$0.01009379+6.12%
Lisk
$1.02+2.67%
Smooth Love Potion
$0.00361295+4.60%
Ren
$0.13731560+1.01%
Civic
$0.13693744+6.77%
Band Protocol
$3.04-15.61%
COTI
$0.11151309+1.35%
Nervos Network
$0.00352288+1.76%
Vulcan Forged PYR
$4.90+7.58%
Voyager Token
$0.38733233+2.81%
MOBOX
$0.66979096+2.46%
Syscoin
$0.16030831+4.11%
Nano
$0.79328360+4.09%
WazirX
$0.21547011+3.13%
Bancor
$0.50451992+3.50%
Numeraire
$15.76+3.24%
Steem
$0.24225870+2.47%
Chromia
$0.16709563+6.00%
iExec RLC
$1.29+8.90%
Request
$0.11388286+2.64%
Aragon
$2.10+7.12%
Raydium
$0.55968573+8.56%
Joe
$0.23296776+1.87%
Augur
$7.16+2.30%
NKN
$0.12100941+4.80%
Keep Network
$0.13412455+4.18%
Yield Guild Games
$0.38336440-7.82%
Storj
$0.48316983+2.56%
Stormx
$0.00730483+4.23%
Moonriver
$11.38+1.90%
Fetch.ai
$0.09058400+2.90%
XYO Network
$0.00493000-17.11%
Orchid
$0.10488492+3.20%
Alchemy Pay
$0.01230480+2.16%
Sun Token
$0.00665675+1.86%
Verge
$0.00329526+2.72%
SafePal
$0.46142172+6.03%
Polkastarter
$0.49629414+4.79%
Alpaca Finance
$0.30824760+1.87%
Index Chain
$0.06239780+3.06%
CLV
$0.08769572+2.48%
Enzyme
$23.77+0.94%
Quickswap
$67.96+3.26%
Mirror Protocol
$0.19239494+3.17%
JasmyCoin
$0.00605713+7.55%
Kyber Network
$0.95105471+4.13%
Harvest Finance
$40.32+1.32%
SuperRare
$0.16861495+3.98%
district0x
$0.02872874+6.39%
Huobi Exchange Users Furious After GALA Holdings Are Converted to ‘Meme Token’
The move came after a bug forced a bridging service to relaunch the wrapped version of GALA that trades on Binance Smart Chain, sparking widespread confusion.
Crypto exchange Huobi delisted the GALA/USDT trading pair on Friday after a wrapped version of the token, pGALA, was temporarily rendered worthless after its issuers found a problem with its bridge code.
Huobi users who bought GALA tokens after the incident saw their coins converted to “pGALA,” named for the soon-to-be-retired version of the GALA token trading on Binance Smart Chain.
In an official statement on its website, Huobi referred to its new version pGALA as a “meme token,” noting that it “is not related to the original GALA token.”
Buyers of the mispriced GALA token on Huobi – including several market-making firms – are “pissed” that their GALA tokens have been converted to Huobi’s version of the pGALA token, according to a person familiar with the matter.
You must be logged in to post a comment.