In the highlights of recent developments, Manta Network battles DDoS attack (Distributed Denial of Service) assault following the successful launch of its $MANTA token, creating a buzz in the cryptocurrency community. Concurrently, Bitbot, a Telegram trading bot, gains prominence for empowering individual investors.
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Manta Network battles DDoS attack after TGE steals the show
Manta Network, a modular blockchain protocol known for its emphasis on zero-knowledge (ZK) application development, faced a significant setback after unveiling its governance token, $MANTA. Co-founder Kenny Li confirmed a DDoS attack, inundating the network with over 135 million remote procedure call (RPC) requests, and disrupting normal operations.
Li assured the community of the network’s security, ongoing product development, and the safety of funds. However, the attack hampered communication between applications and the blockchain, causing delays in transactions and withdrawals.
Responding swiftly, Manta Network is actively enhancing DDoS mitigation efforts, acknowledging the unprecedented scale and duration of the attack, which extended the resolution timeframe.
Bitbot: The telegram Trading Bot
Bitbot, a new Telegram bot, emerges as a transformative force for retail investors. With a mission to deliver institutional-grade tools in a non-custodial framework, Bitbot becomes a beacon for those seeking financial autonomy.
Utilizing non-custodial API technology secured by Knightsafe’s custody solution, Bitbot offers ultra-flexible wallet management, an Anti-MEV Bot to prevent blockchain manipulation, and anti-rug features to protect users from crypto scams.
Bitbot’s features include the ability to copy trades from top-performing traders, a built-in referral program, and a seamless sign-up process allowing users to create up to three free wallets.
Bitbot’s presale, beginning on January 17, offers early participants a chance to secure 30% of the total token supply of 1,000,000,000 tokens at an initial price of $0.01. The token price increases with each presale stage, providing early adopters with the optimal advantage.
Conclusion
To conclude, as Manta Network addresses a DDoS attack demonstrating its commitment to security, Bitbot emerges as a user-friendly trading bot, democratizing institutional-grade tools for retail investors and ushering in a new era of financial autonomy. Amid challenges, these entities pave the way for technological advancements and solutions, reshaping the landscape of decentralized finance and blockchain applications within the crypto community.
Note: It’s a research based article not a financial advice.
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