Back to News

Manta Network Experiences DDoS Attack as Binance and Bybit List Token

Twitter icon  •  Published il y a 3 mois  •  Hassan Maishera

Manta Network suffered a DDoS attack on Thursday shortly after the MANT token was listed on numerous crypto exchanges but the incident has been resolved.

TL;DR

  • Manta Network experienced a DDoS attack on Thursday but the issue has been resolved.

  • The MANTA token was listed on several cryptocurrency exchanges yesterday, including Binance and Bybit

Manta Network Suffers a DDoS Attack

Zero-knowledge proof-powered layer-2 blockchain Manta Network suffered a widespread distributed denial-of-service (DDoS) attack on Thursday. The attack came shortly after the MANTA token was listed on multiple cryptocurrency exchanges. 

However, the incident has been resolved and the network is operating as usual. The incident was reported by Kenny Li, co-founder of P0xeidon Labs, the cryptographic development team behind Manta Network.

Kenny Li revealed that the Manta Network’s nodes experienced over 135 million remote procedure call (RPC) requests on Jan. 18. He pointed out that it was an aggressive and timed attack. However, the blockchain is running safely and funds are safe. Li, however, warned that communication between apps and the blockchain is severely limited for the time being.

The co-founder commented that,

“Rest assured, we are not going anywhere. We have built for three years, and we see no end in sight. Thank you so much for your support as a community.”

The attack happened the same day MANTA tokens began trading on leading cryptocurrency exchanges Binance, Bybit, KuCoin, and Bithum. MANTA is down by 3% in the last 24 hours and is currently trading at $2.18 per coin.

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.