- 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.
DDoS Assault Replace on @MantaNetwork
Hey everybody, we’re experiencing a calculated DDoS assault on the community. This occurred at 9:30AM UTC, precisely the identical time as our TGE occasion. Since that point, we now have seen over 135m requests hit the RPC nodes, which signifies that this can be a… pic.twitter.com/EgjUiOvRl0— 🤓Kenny.manta 🦇🔊 (🔱,🔱) (@superanonymousk) January 18, 2024
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.
“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.