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    Manta Community (MANTA) hit by DDoS assault

    Latest News


    • Manta Community (MANTA) worth slips amid disruptive DDoS assault.
    • Community is experiencing longer transaction occasions and enhance in gasoline charges.
    • MANTA worth reached highs of $2.72 after its Token Technology Occasion (TGE) however was right down to $2.13

    Manta Community debuted its MANTA token on exchanges on Thursday, with the itemizing on Binance, BingX, MEXC amongst others seeing its worth skyrocket to above $2.72.

    The token is nevertheless 20% down since that peak because the crew acknowledged a distributed denial of service (DDoS) assault. The DDoS assault coincided with the Layer 2 modular blockchain’s Token Technology Occasion (TGE) on January 18. The assault flooded the community with greater than 135 million faux RPC requests.

    On Friday, the Manta crew posted on X that following the DDoS assault, the community was experiencing transaction delays. The buildup of huge queues of transactions was additionally impacting gasoline charges, the platform stated.

    See also  FalconX hit with $1.7 million effective for regulatory violations

    Due to yesterday’s DDoS assault, the community has collected a big queue of latest transactions. That is resulting in longer transaction occasions and impacts on gasoline charges. We’re conscious of this situation and dealing to resolve it,” an announcement the blockchain platform posted on Friday acknowledged.

    MANTA worth was right down to $2.13 on the time of writing.

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