PANews reported on September 26 that according to Guthix analysis, Aster Exchange hard-coded the XPL contract index price to $1 and set the mark price cap at $1.22. After the price cap was removed, the XPL price instantly soared to $4, while prices on other platforms remained stable. Previously, the official said that the incident was due to serious negligence of the exchange operator, not a security vulnerability or attack. A comprehensive review has been launched and compensation has been promised to affected users. User funds are safe.PANews reported on September 26 that according to Guthix analysis, Aster Exchange hard-coded the XPL contract index price to $1 and set the mark price cap at $1.22. After the price cap was removed, the XPL price instantly soared to $4, while prices on other platforms remained stable. Previously, the official said that the incident was due to serious negligence of the exchange operator, not a security vulnerability or attack. A comprehensive review has been launched and compensation has been promised to affected users. User funds are safe.
Analysis: The early morning surge in XPL contract prices on Aster was due to the removal of the mark price cap.
PANews reported on September 26 that according to Guthix analysis, Aster Exchange hard-coded the XPL contract index price to $1 and set the mark price cap at $1.22. After the price cap was removed, the XPL price instantly soared to $4, while prices on other platforms remained stable.
Previously, the official said that the incident was due to serious negligence of the exchange operator, not a security vulnerability or attack. A comprehensive review has been launched and compensation has been promised to affected users. User funds are safe.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Shiba Inu Faces Growing Risks as Leadership Instability Concerns Holders
TLDR Shiba Inu faces growing risks due to leadership instability and the absence of its lead developer, Shytoshi Kusama. The lack of identifiable leadership raises trust issues, hindering Shiba Inu’s ability to attract institutional investors. Shibarium’s transaction volume has significantly declined, sparking concerns about its ability to support decentralized finance (DeFi) growth. A recent $3 [...] The post Shiba Inu Faces Growing Risks as Leadership Instability Concerns Holders appeared first on CoinCentral.
Share
Coincentral2025/09/18 06:14
PBOC Monetary Policy: Navigating Economic Headwinds with Cautious Structural Easing Tools – DBS Insight
BitcoinWorld PBOC Monetary Policy: Navigating Economic Headwinds with Cautious Structural Easing Tools – DBS Insight BEIJING, March 2025 – The People’s Bank of
Share
bitcoinworld2026/02/21 08:55
OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement
PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.
Share
PANews2025/09/17 23:58