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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
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(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
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📅 July 4, 4:00 – July 20, 16:00 UTC+8
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Learn more: https://www.gate.com/announcements/article/45908
- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
GM ☕ Our frog friend has two slightly different mornings—can you find all the changes?
💰 $10 Futures Voucher * 5 winners
To join:
🔹Follow Gate_Square
🔹Like this post and drop your answer in the comments
📅 Ends at 16:00 PM, July 7 (UTC)
Polyhedra Blames Onchain Liquidity Attack, Wintermute Deposits for ZKJ Crash - Unchained
Polyhedra Network claims that the dramatic collapse of its ZKJ token, which fell more than 80% over a few hours on June 15, was primarily caused by a coordinated onchain liquidity attack and significant token deposits by major crypto market maker Wintermute.
“The initial investigation highlights substantial token transfers by Wintermute coinciding with extreme market volatility and a coordinated withdrawal of liquidity from PancakeSwap’s ZKJ/KOGE pool,” said the Polyhedra team in its preliminary report of the incident.
This story is an excerpt from the Unchained Daily newsletter.
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“In the hour surrounding the crash, Wintermute’s address deposited over 3.39 million ZKJ tokens to centralized exchanges,” they added.
The team also acknowledged that the affected trading pairs had fragile and imbalanced liquidity, making them highly vulnerable to large withdrawals and sales.