After a rough token listing, Manta Network is back in business

Korea has emerged has be A surprising region For THE blockchain ecosystem development, with two of It is the biggest TVL contributors base In THE East Asian country.

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For zero knowledge powered by evidence layer-2 blockchain Mantis Network, It is billion dollars token SEO earlier This month did not proceed as expected.

HAS to start, THE blockchain was hit by A distributed denied service (DDoS) attack Or 135 million remote procedure call (PRC) requests temporarily paralyzed THE network For A little hours on Jan. 18.

Shortly After, THE transfer of 2 million MANTIS tokens has THE staff wallet of A of It is Korean business development representatives Also drew investor speculation, has which Mantis later clarified that he was simply A First of all investment support For It is decentralized finance (Challenge) project LayerBank.

From SO, THE network has largely income has normal And East Currently has A fully diluted walk cap of $3.1 billion. In A interview with Cointelegraph on Jan. 25, Kenny Li, co-founder Based in Boston p0x Laboratories, THE Creator of Mantis Network, said that THE the protocol profit margins to have improved radically through It is layer-2 technology.

"On THE pass 30 days, We have has been able has to safeguard THE users approximately 1 million," said Li. "Moving Before, were kind of trying has find A balance between THE real volume of transactions against THE Rising of real income."

Seriously SO proud of THE team And SO humiliated by THE community support as We navigate A of THE the strangest times For @MantaNetwork. THE dam of disinformation And illicit attacks took We all by surprise. I don't do it think THE community could to have request For A better team has take on…

— Kenny.manta (,) (@superanonymousk) January 20, 2024

As THE network expands, Li said that p0x laboratories will be allocate eco-friendly....