📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
SOON responds to the flash crash of the coin price: the attacker was well-planned, and the project team and market makers did not participate in this incident.
According to BlockBeats news, on July 10, SOON posted a response on the X platform regarding the flash crash of coin prices that occurred on July 5. The SOON Foundation stated that the attackers carried out synchronized withdrawals and cross-CEX selling actions, and the high level of coordination in their actions indicates that this was a well-planned operation. At the same time, the attackers profited significantly from short positions by exploiting the extreme negative interest rates in Futures Trading. The SOON Foundation clarified that the project team and SOON's official market-making partners, Jump Crypto and Amber Group, did not participate in the July 5 incident in any identification, and disclosed the holding addresses of the relevant parties.