📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Token K of the Kinto exchange fell 87% in 24 hours after the Arbitrum contract was attacked.
The price of the $K token of Kinto has fallen more than 87% in the past 24 hours after a vulnerability was discovered on the Arbitrum network, leading to a sell-off that caused the price to drop 45% in one hour. Kinto announced the incident at 10:50 AM GMT and confirmed the vulnerability at 12:33 PM GMT, stating that it occurred outside of the Kinto network and affected the deployment of the $K token. An attacker minted nearly 7 million tokens, exceeding the circulating supply, and used them as collateral to borrow USDC from the Morpho protocol. Kinto is collaborating with third-party cybersecurity teams to investigate and asserts that their wallets and bridge reserves were not affected. Market sentiment around Kinto has deteriorated, with many blaming poor contract design.