💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
The perpetrator of the fishing incident, with nearly $36 million in fwDETH, exchanged 14,079 fwDETH for 2,288 ETH, causing the fwDETH/WETH to be highly unanchored.
Odaily Planet Daily News According to on-chain analyst Yu Jin, an Address suspected to belong to Continue Capital and marked by Arkham lost 15,079 fwDETH (35.98 million US dollars) in a phishing attack 7 hours ago. Subsequently, the phishing implementer quickly converted the stolen assets into secure assets by swapping DETH directly back to ETH. However, due to insufficient Depth in the DETH pool, only 14,079 DETH were exchanged for 2,288 ETH. The pool was completely drained, and the DETH/WETH pair was severely dislocated. The value of the assets he stole directly shrunk by 85%: from $35.98 million to $5.5 million.