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Also: Optalysys: New Server for Blockchains, and Ink Foundation Plans Token Airdrop.

The Protocol: Polyhedra Promises Buyback Plan After Liquidity Attack

Co‑founder Tiancheng Xie revealed that Polyhedra Network is launching a buyback strategy to support ZKJ token prices after an “egregious” liquidity attack wiped out over 80% of its value.

Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback

In a matter of hours, the price of Polyhedra Network's ZKJ token sank from roughly $2 to 30 cents amid heavy selling.

Polyhedra co-founder says more buybacks coming after ZKJ token crashed due to ‘attack’

De recente flash crash van de cryptomunten Polyhedra Network (ZKJ) en 48 Club Token (KOGE) veroorzaakte veel ophef op Binance Alpha, een platform van crypto exchange Binance. De gebruikersaantallen en het handelsvolumes van het platform zagen namelijk fikse dalingen toen er plotseling een aantal grote investeerders uit de tokens stapten. Welke lessen kunnen we hieruit&#8230; Continue reading ZKJ/KOGE crash: lessen uit liquidity pool strategieën

ZKJ/KOGE crash: lessen uit liquidity pool strategieën

KOGE

Binance Alpha lost nearly 40,000 users in just three days. According to Dune data, active users dropped from 233,000 on June 12 to 195,000 by June 15. The drop followed a sharp decline in two major tokens, ZKJ and KOGE. Both tokens experienced sudden crashes after whale wallets removed liquidity. These large withdrawals caused pool [&#8230;]

Binance Alpha Suffers Major Blow as ZKJ and KOGE Flash Crashes Trigger 40,000 User Loss

Once a market centerpiece, Binance Alpha is now witnessing a sharp decline in both users and trading volume.

Binance Alpha Faces User Exodus Following ZKJ and KOGE Flash Crashes

Meta Pool narrowly avoided a major disaster after an attacker exploited a flaw in its “fast unstake” feature.

Meta Pool Dodges Disaster as Hacker Hits Low Liquidity Wall

Binance Alpha users faced major losses after whales pulled liquidity, causing token crashes and mass liquidations.

Mass sell-off triggers Binance Alpha meltdown

Polyhedra Network, the developer behind the interoperability protocol zkBridge, has provided details on the sudden price collapse of its ZKJ token. The company is pointing to a targeted &#8220;liquidity attack&#8221; and forced liquidations as the primary factors behind the crash. The event saw ZKJ&#8217;s price fall from around $2 to below $0.30 within hours. In [&#8230;]

Polyhedra Network Blames “Liquidity Attack” for ZKJ Token Crash

ZKJ crashed 90% in an hour. Now all eyes are on Polyhedra.

Did Polyhedra Cause the ZKJ Price to Crash by 90%?

Binance exchange has announced a significant overhaul of its Alpha Airdrops program, starting June 19th. The move to a new two-phase system comes just days after the collapse of the ZKJ and KOGE tokens exposed how the platform&#8217;s incentive structure could be exploited by whales and bots. In the first phase, users with Alpha points [&#8230;]

Binance Overhauls Its “Alpha Airdrops” Program Following the Collapse of the ZKJ Token

CAKE

Polyhedra Network, a promising project in the blockchain space, has experienced significant price volatility recently. After recovering 118% in value, the ZKJ token crashed by over 80%, leaving investors in shock and undermining confidence in the asset.&nbsp;

Polyhedra Network Prijs