LONDON – Manta Community, a distinguished blockchain scaling resolution, confronted a distributed denial-of-service (DDoS) assault at this time, coinciding with the itemizing of its MANTA token on main cryptocurrency exchanges together with Binance. Regardless of the cyber assault, the community efficiently maintained its operational integrity and safeguarded person property.
The introduction of the MANTA token to exchanges initially resulted in a worth surge. Nonetheless, the token’s worth skilled a downturn, dropping by over 5%, following a controversial transfer by the mission’s Korean Enterprise Improvement consultant. The consultant offered 2 million MANTA cash, changing them into a considerable quantity of Ether.
Even with the worth volatility and the assault, Manta Community continues to carry a major place available in the market, boasting a market capitalization exceeding $533.99M post-incident. The community is acknowledged for its excessive complete worth locked (TVL), underscoring its standing as a key participant within the blockchain scalability area.
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