Manta Network Battles DDoS Attack as Bitbot Revolutionizes Retail Trading 🌊💥

Immediately after its MANTA token launch, Manta Network suffered a DDoS attack. On the other hand, Bitbot, a Telegram-based trading bot, is empowering individual investors.

Manta Network fights off DDoS attack following token generation event while a new Telegram bot steals the spotlight.

Image

In a whirlwind of recent events, Manta Network faced a DDoS attack right after the successful launch of its MANTA token, causing a stir in the crypto community. Meanwhile, Bitbot, a Telegram trading bot, is making waves by empowering retail investors.

Join us as we delve into the challenges Manta Network is facing and explore Bitbot’s mission to put institutional-grade tools in the hands of individual investors.

Manta Network DDoS Attack: A Tsunami of Requests ⚡🌊

Manta Network, a modular blockchain protocol renowned for its focus on zero-knowledge (ZK) application development, encountered a significant setback shortly after the launch of its governance token, $MANTA. The network experienced a Distributed Denial of Service (DDoS) attack, as confirmed by the co-founder, Kenny Li.

This malicious attempt flooded the network with over 135 million remote procedure call (RPC) requests – a coordinated effort to obstruct normal operations. Imagine a tsunami hitting a peaceful coastal town, overwhelming its infrastructure!

Li reassured the community that despite the severity of the attack, the blockchain is running securely, product production continues, and funds remain safe. However, the assault severely limited communication between applications and the blockchain, resulting in delayed transactions and slower withdrawal times. It’s like trying to drive in rush hour traffic in a tiny clown car!

💡 Did you know? Zero-knowledge applications (ZK apps) are built on the principles of zero-knowledge proofs, which allow you to prove knowledge of something without revealing the actual information.

Understanding the gravity of the situation, Manta Network swiftly responded, stating that it is working tirelessly to deploy enhanced DDoS mitigation efforts. The attack’s abnormal scale and duration posed challenges, extending the resolution timeframe. It’s like having a pesky mosquito buzzing around your head that just won’t go away!

Bitbot: Revolutionizing Retail Trading 🚀📈

In the midst of the crypto storm, a new Telegram bot named Bitbot has emerged as a game-changer for retail investors. Imagine a superhero swooping in to save the day!

With a mission to provide institutional-grade tools within a non-custodial framework, Bitbot stands as a beacon for those seeking financial autonomy. Built on Telegram, it offers an elegant, user-friendly solution backed by proprietary AI, allowing users full control of their assets. It’s like having a personal financial advisor right at your fingertips!

Bitbot boasts ultra-flexible wallet management, utilizing non-custodial API technology secured by Knightsafe’s custody solution. Key safety features include an Anti MEV Bot, preventing manipulation of blockchain opportunities, and anti-rug features, safeguarding users against crypto scams. It’s like having a digital bodyguard protecting your cryptocurrency kingdom!

Users can seamlessly copy the trades of top-performing traders, enjoy a built-in referral program, and experience easy sign-up with the creation of up to three free wallets. It’s like having a backstage pass to the trading strategies of the elite!

🛒 Curious about Bitbot’s presale? Check it out here!

Bitbot’s presale launched on January 17, offering 30% of the total supply of 1,000,000,000 tokens up for grabs for earlycomers. The presale spans 15 stages, each with a designated percentage of tokens and token price.

In the first stage, the BITBOT token is going for $0.01, and the price is expected to rise to $0.0105 in the next stage. The token price will keep on rising with each presale stage, meaning the early bird has the opportunity to reap the most. It’s like getting in line for a limited edition item before it sells out!

Conclusion: Weathering the Storm and Embracing Autonomy ☀🌈

As Manta Network navigates a DDoS attack, showcasing its commitment to security and privacy, Bitbot’s emergence as a retail investor-friendly trading bot brings institutional-grade tools to the masses, ushering in a new era of financial autonomy. It’s like riding a surfboard on the wave of decentralized finance!

As these entities weather challenges and forge ahead, the crypto community witnesses the evolution of technologies and solutions that promise to redefine the future of decentralized finance and blockchain applications. It’s like watching seeds grow into mighty oak trees, shaping the landscape of the digital world!

💡 Expert Outlook: Despite the setbacks caused by the DDoS attack, Manta Network remains resilient. With enhanced DDoS mitigation efforts, we can expect an even stronger and more secure network. As for Bitbot, its user-friendly interface and robust security features position it for significant growth. Keep an eye on these projects as they continue to make waves in the blockchain space.

References:

  1. Manta Network battles DDoS post-MANTA launch; 135M RPC requests flood, causing delays
  2. Crypto analysts bullish on AI crypto coin by 2024 – Here’s why!
  3. Bitbot launches presale this week! Everything you need to know
  4. Tellor altcoin’s bizarre 150% pump and fall spark concerns of manipulation
  5. Clearpool introduces credit vaults to provide blockchain loan efficiency – empowering lenders and borrowers

🌟 Enjoyed this article? Share it with your friends and colleagues on social media! Let’s spread the knowledge and laughter together!

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Ethereum ETF Approval Anticipation Fuels ETH’s Latest Price Rally 📈🚀

The value of Ethereum has seen a remarkable increase, surpassing the $2800 milestone and currently showing potential ...

Blockchain

Crypto Showdown: SEC vs Ripple - The Battle of the Tokens

The cryptocurrency community is abuzz with anticipation for a potential settlement in the Ripple case, as the SEC pre...

Blockchain

Fidelity Digital Assets Chooses EY Blockchain Analyzer: Reconciler to Boost Trust and Crush Risk!

EY Global's latest announcement reveals Fidelity Digital Assets as the first big user of their fourth generation EY B...

Bitcoin

10 Bold Crypto Predictions for 2024

After a strong finish in 2023, the future of the crypto industry holds great promise for 2024 and beyond. Here are ou...

Blockchain

Notcoin: The Play-2-Earn Game that’s Taking Over Telegram!

Since its launch just 26 days ago, Notcoin has achieved an incredible milestone by attaining over 20 million users on...

Blockchain

Dfinity and SingularityNET Collaborate to Unleash the Power of Blockchain and AI

Dfinity Teams Up with SingularityNET to Drive Decentralized AI on ICP