manta

Superfortune, incubated by Manta, recently released an update on the X platform regarding a security incident, stating that the attack was not carried out by internal personnel and that no team members were involved. The claim about the team secretly selling tokens is incorrect. The team has also not had any contact with Web3Port.The investigation confirmed that the attack was not due to address poisoning, but rather a leak of the signer's private key. The attacker independently held the private key and submitted a transaction with a forged address 43 minutes after the correct transaction. The forged address shares the first and last four characters with the correct address (starting with 0x70AE and ending with 5C15) to disguise itself in the Safe interface preview. The stolen funds are fully traceable and are currently stored in three cold wallets on Ethereum, containing approximately 2784 ETH, along with about 170,000 USDT that were cross-chain transferred out.The attacker also created a large number of counterfeit addresses and sent false transfer events to these addresses using Unicode-forged token symbols in an attempt to confuse tracking. This counterfeit address construction technique is the same as the method used when attacking this project. The attacker had pre-built a large-scale infrastructure, indicating that this was an industrialized operation rather than an opportunistic attack.

According to official news, Manta Network announced that it will terminate the Manta staking program, as the inflationary nature of staking rewards (generated from the issuance of new tokens) will dilute all MANTA holders over time. Staking rewards will officially stop in two weeks, operators can exit immediately, and delegators can un-stake at any time through the dashboard, with funds being secure and controlled by the users themselves.At the same time, Manta Network will operate the Layer 2 infrastructure of Manta Pacific completely independently, no longer relying on third-party operators. The previously announced deprecation plan for Manta Atlantic is progressing.

According to Binance spot data, the market has experienced significant fluctuations. DUSK has risen by 16% in 24 hours, while MANTA has increased by 28.79%, showing a rebound after hitting a low.On the other hand, DUSK, SCRT, SSV, PROM, VANRY, and RESOLV have all shown a "high and then low" trend, with declines of 6.12%, 5.03%, 8.32%, 11.52%, 9%, and 13.18% respectively.

According to Binance spot market data, there has been significant volatility in the market. JUV has dropped 6.21% in the last 24 hours, FLUX has decreased by 5.15%, and MET has fallen by 9.76%, all showing a "high and then low" trend.At the same time, ACH and MOVE have reached new lows today, with declines of 5.27% and 5.44%, respectively. PENDLE, ALGO, and MANTA have also hit new lows for the week, with drops of 9.38%, 5.74%, and 17.08%, respectively. HEMI has also reached a new low today, with a decline of 14.12%.

According to Binance spot data, the market has experienced significant fluctuations. MANTA has dropped 15.45% in the last 24 hours, while LUNA has risen 5.37% and reached a new high for today.In addition, both CYBER and HEI have shown a "pullback" state, with declines of 6.65% and 8.15%, respectively. HBAR and STRAX have reached new lows for the week, with declines of 6.25% and 10.72%. Meanwhile, KAITO has reached a new high for today, with an increase of 6.87%. SAPIEN has also seen a slight drop in 5 minutes, with a decline of 3.01%.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the multi-module ecosystem of zero-knowledge applications Manta Network has been the project with the most unfollows from top figures on X (Twitter). The new influential figures on X who unfollowed this project include cryptocurrency trader The Crypto Dog (@TheCryptoDog), Mr. Block (@mrblocktw), and cryptocurrency trader Ash Crypto (@Ashcryptoreal).

ChainCatcher message, Wintermute will provide liquidity support for Manta Network. Manta Network officially announced a liquidity cooperation agreement with the market maker Wintermute.Manta lends 7.5 million MANTA tokens to support Wintermute in enhancing the liquidity and trading depth of MANTA tokens on various trading platforms.

ChainCatcher news, according to Lookonchain monitoring, DWF Labs withdrew 2 million MANTA from Binance 1 hour ago, worth approximately $551,000, transferring it to its on-chain staking wallet.

ChainCatcher news, the MEME launch platform Rescue.meme, supported by Manta Network and focused on rescuing stray pets, has officially launched. It adopts a Bonding Curve model to raise funds for stray cats and dogs.In the first phase, 4 stray dogs have been listed, coming from four different countries. Currently, the Bonding Curve funding stage has been fully subscribed, and the MEME has been launched. Each pet has a corresponding MEME; if the launch is successful, 20% of the funds will be used for the rescue of that pet. Initially supporting BNB Chain, liquidity has been added to Pancakeswap, and in the future, it will support Solana and Manta Pacific chains. To ensure the authenticity of stray pet information and the professionalism of rescues, early MEME launches are conducted under a licensing system, with Manta Network collaborating with global rescue teams that have at least 2 years of rescue experience.

ChainCatcher news, according to Cointelegraph, Manta Network co-founder Kenny Li revealed a highly sophisticated phishing attack. The attackers used video footage of real team members during a Zoom video call, attempting to lure him into downloading malware.Li stated that the other party's camera was on during the video call and the facial footage was real, but there was no sound. The system prompted him to update Zoom and download a script file, which raised his alert. He believes this attack may have been initiated by the North Korean state-sponsored hacker group Lazarus. After being asked to verify identity via Telegram, the attackers immediately deleted all messages and blocked him.

ChainCatcher news, Manta Network co-founder Victor Ji posted on X: "We basically receive invitations every day from so-called proactive market makers and OTC for buying coins and acquisitions, and my attitude is to just stay put. Market makers, whether proactive or passive, are in my eyes blood-sucking parasites; they don't pay any attention to the fundamentals of the projects at all. However, every time there's a meeting, these people are very active in organizing events, and the bosses are also extremely wealthy. Why? Because this money comes from the project's community. If in this industry, more and more funds do not pay attention to fundamentals, then this industry will collapse faster and faster, and market makers are the most blatant group that ignores fundamentals. I believe that liquidity comes from real community trading; whether you are bullish or bearish, it is a natural market. If market makers are willing to participate, you can buy coins in the market to gain positions."Victor Ji added: "If some project founders are worried about insufficient liquidity but are unwilling to spend money on retainers, then my suggestion is to consider a loan, but the size must be minimal. In the early days of the Polkadot era, Calamari was asked by Three Arrows to provide over 3% of tokens, and these guys immediately sold the coins, while claiming to be very legit and that they would never sell the coins. A real loan only requires no more than 0.2% of the coins. Because think about it, if you need 200k for a 2% depth, that’s already a lot; 0.2% of the coins must exceed that value. If market makers want more coins, aren't they just here to dump?"

ChainCatcher news, the cross-chain AI Celebrity token issuance platform MemeLaunch will launch Manta Pacific.MemeLaunch is an IAO Celebrity token platform built on the ELISA framework. MemeLaunch can automatically identify high-value accounts through multi-dimensional influence verification and smart authorization negotiation, making token launch authorization negotiation efficient. MemeLaunch also supports one-click token generation, fully automating everything from name design to narrative framework and seamlessly launching on its own Launchpad.

ChainCatcher news, according to official news, Manta Network co-founder Kenny shared the official invitation on his personal Twitter, invited to participate in Trump's inauguration ceremony.The inauguration ceremony will be held on January 20 local time, and due to the possibility of low temperatures in the area, the location will be changed to the Rotunda of the U.S. Capitol.

According to ChainCatcher news, Manta Network has adjusted the unlocking contract for investors (accounting for 24.11% of the total supply), while its actual circulation remains locked. This adjustment involves deploying a new investor contract on the Ethereum mainnet to align with the unlocking schedule that starts on January 18.According to the official statement, these tokens will be re-locked into the new contract after the withdrawal period and contract deployment period, and will be gradually released over 3 years in a linear unlocking manner. Manta Network stated that the choice of the Ethereum mainnet is due to Ethereum's upcoming support for custodians like Fireblocks and Manta to conduct native staking on Ethereum.Currently, Manta Network is communicating with @CoinGecko and @CoinMarketCap to update circulation supply data. As the new contract has not been fully deployed yet, data synchronization may take additional time.

ChainCatcher News: The modular L2 Manta Network has undergone a significant upgrade in performance and security. Manta Network officially announces a partnership with Symbiotic to achieve Fast Finality through Symbiotic, breaking the original 3-7 day challenge period limitation for Optimistic Rollup withdrawals, enabling instant withdrawals and enhancing the experience of Manta CeDeFi, cross-chain, and other products.This feature will be secured through the re-staking of the native token $MANTA. It supports users to cross-chain their MANTA tokens to the Ethereum mainnet to participate in Symbiotic staking, earning points and potential airdrops. Currently, Symbiotic is the second-largest shared security protocol, following Eigenlayer.

According to ChainCatcher news and the official announcement, OKX will support the mainnet upgrades and hard forks of Optimism (OP), MANTA, BASE, MODE, WORLD, and LISK.The deposit and withdrawal services for MANTA, BASE, MODE, WORLD, and LISK tokens and their related tokens on the network will be suspended on January 10, 2025, at 00:00 (UTC+8).After the completion of this upgrade, the deposit and withdrawal services for MANTA, BASE, MODE, WORLD, and LISK tokens and related network tokens will be reopened once the network operates stably, and no further announcements will be made.If you hold MANTA, BASE, MODE, WORLD, or LISK or their related tokens in your OKX account, no action is required.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, 8 hours ago, the deployer address of Manta Network transferred 4 million MANTA (3.78 million USD) to Binance.

ChainCatcher message, official data, affected by market fluctuations, the CeDeFi product launched by Manta Network currently offers an annualized return of 19.9% for BTC, 18.7% for ETH, and 74.2% for USDT. The current CeDeFi TVL exceeds 138 million USD.Manta CeDeFi is a coin-based yield product, allowing users to deposit BTC, ETH, and USDT related assets through the Ethereum mainnet, BNB chain, and Manta Pacific. These assets are mapped to the exchange by the former Binance custodian service provider Ceffu, providing institutional arbitrage, quantitative, and other trading strategy yields. In addition, after depositing assets, users will receive liquidity certificates mBTC, mETH, and mUSDT, which can be further deposited into projects like Cytonic, Mind Network, and Fuel to gain future airdrop benefits.