Cointime

Download App
iOS & Android

GMEE Token: It is planned to open token claiming on the Ethereum chain to GMEE holders on the Polygon chain in February

GMEE Token has released an update on the hacking incident, stating that the impact is currently limited to the Polygon network. Efforts are currently being made to identify and freeze the hacker's funds, and trading is still suspended. However, transactions on the Ethereum blockchain are not affected. Regarding the repair plan, it is planned to open Ethereum-based token claims for GMEE Token holders on the Polygon chain in February. To protect the community, legitimate holders' tokens are currently being transferred back to Ethereum, which maximizes the reduction of the impact and prioritizes community protection. During this migration phase, users will be urged to avoid trading or transferring GMEE Tokens, which is crucial for the accuracy of the Ethereum claims snapshot. Liquidity providers on DEX are also advised to withdraw their liquidity.

Comments

All Comments

Recommended for you

  • Hong Kong Customs cracked a HK$1.8 billion money laundering case involving a virtual currency trading platform

    Hong Kong Customs has reported a successful crackdown on a major money laundering case, involving a staggering HKD 1.8 billion. According to preliminary investigations, a criminal group consisting of three individuals processed over 1,000 suspicious transactions between June 2021 and July 2022 through the establishment of multiple shell companies and bank accounts, including a significant amount of suspicious fund transfers from virtual currency trading platforms. This indicates that the criminals tried to launder their illegal proceeds by taking advantage of the anonymity of virtual currencies. Currently, Customs has arrested three key members of the criminal group, seized the assets of the involved companies, and confiscated a large number of criminal tools, including mobile phones, company seals, and bank cards. The case is still under further investigation, and more suspects may be arrested. This case once again sounds the alarm, reminding the virtual currency industry to increase vigilance and strictly comply with anti-money laundering regulations.
  • Bitcoin L2 network BOB announced that it will launch the mainnet on April 24

    It was announced that the Bitcoin L2 network BOB (Build on Bitcoin) will launch its mainnet on April 24th on the X platform.
  • Anza core developers: Solana Devnet second restart was successful

    Starry, the core developer responsible for handling Solana congestion issues, posted on X platform that Solana Devnet has successfully restarted for the second time, and the team is now monitoring the cluster's operation. RPC still needs some time to update and catch up, but the cluster should soon return to normal.
  • BTC has completed its fourth halving

    According to data, on April 20, 2024, at 8:09, BTC successfully completed its fourth halving at block height 840,000. The mining reward for the Bitcoin network was reduced from 6.25 BTC to 3.125 BTC. The last halving occurred on May 11, 2020.
  • Pyth Network's cumulative transaction volume has exceeded 300 billion US dollars

    Pyth Network stated in its Q1 summary report that its cumulative trading volume has exceeded 300 billion US dollars, providing services to more than 330 applications on over 55 blockchains, and currently providing real-time price information for over 500 categories of traditional and digital assets.
  • Cross-chain bridge Meson Finance announces support for BEVM mainnet

    Cross-chain bridge Meson Finance announced on X platform that it now supports the BEVM mainnet, allowing users to cross-chain BTC to the BEVM mainnet from any chain supported by Meson.
  • A whale who was long on ETH/BTC exchange rate was liquidated after the Aave loan health rate broke 1

    According to on-chain analyst Yu Jin's monitoring, with last night's decline, the ETH/BTC exchange rate fell to a minimum of 0.047. Six hours ago, a whale who has been longing for the ETH/BTC exchange rate since March 2023 experienced liquidation again as the health rate of the loan in Aave fell below 1, and liquidated 2701 ETH (worth about 8.74 million US dollars) to repay the 123.7 WBTC loan. Currently, the whale's loan health rate in Aave is 1.01, still on the edge of the liquidation line. If the ETH/BTC exchange rate continues to decline, its collateral will continue to be liquidated.
  • Solana Foundation Strategy Director: On-chain congestion stems from a known bottleneck in the QUIC protocol implementation

    Austin Federa, the strategic director of the Solana Foundation, outlined the recent congestion issues on the Solana chain on the X platform. He stated that these issues stem from the implementation of the QUIC protocol and can be attributed to a known bottleneck issue. The solution is already on the roadmap. The main reason may be that the demand for Solana has increased at such a fast pace that within a few days, the problem went from "sufficient but needs improvement" to "insufficient." Austin Federa summarized that this issue is simply technical debt, a network stack that will almost certainly need to be completely rewritten later this year, while balancing important maintenance/improvement work.
  • LooksRare may soon support NFT on the Bitcoin chain

    The NFT market LooksRare posted on X platform stating that they are "doing something big", with a picture including Bitcoin elements, potentially implying that their platform will support NFTs on the Bitcoin blockchain.
  • EigenLayer: Deposit limits for all LST tokens will be removed on April 16

    According to the official announcement of the Ethereum re-staking protocol EigenLayer, the deposit limit for all liquidity staking tokens (LST) will be cancelled on April 16, and the deposit window will be reopened.