thenewscrypto.com
- The nodes of the blockchain were subjected to more than 135 million RPC requests.
- Li stressed that the assault was extremely aggressive and timed.
In the midst of a successful token listing on various exchanges, Layer-2 blockchain driven by zero-knowledge proof Manta Network was hit by a distributed denial-of-service (DDoS) assault.
According to Kenny Li, co-founder of P0xeidon Labs—the cryptographic team of developers behind Manta Network—the nodes of the blockchain were subjected to more than 135 million remote procedure call (RPC) requests on January 18th.
Extremely Aggressive and Timed
Although “the blockchain is running safely” and “funds are safe,” Li stressed that the assault was extremely aggressive and timed. Li further warned that there is currently a significant limitation on communication between applications and the blockchain.
Several exchanges, including KuCoin, Binance, and Bithumb, started trading Manta tokens on the same day. The Manta token is now trading at $2.16, down 4.56% in the last 24 hours as per data from CoinMarketCap.
Manta Pacific’s total value locked (TVL) increased 70 times in the last quarter, reaching $858 million, according to a Manta Network representative. Additionally, earlier this month, supporters and users of the ecosystem were informed about an airdrop that would provide them with 5% of Manta’s entire supply, which is worth around $112 million.
A $25 million Series A investment round was reportedly completed by P0xeidon Labs earlier. Additionally, on September 12, 2023, the company launched Manta Pacific, the testnet for its layer-2 infrastructure. More than 3.5 million transactions and 150,000 wallets were created during the testnet debut in July 2023.
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