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Manta Network Weathers DDoS Storm During Token Exchange Debut

Just as Manta Network celebrated its triumphant debut on major crypto exchanges, its blockchain nodes took a direct hit from a massive distributed denial-of-service (DDoS) attack.

Over 135 million fraudulent Remote Procedure Call (RPC) requests flooded the network on Thursday, but fortunately, the attack proved unsuccessful, leaving Manta’s operations unscathed.

The DDoS attack coincided with the listing of Manta’s native token, $MANTA, on several prominent exchanges, including Binance, Huobi, and OKX. This surge in activity likely attracted unwanted attention from malicious actors, seeking to disrupt the network and sow chaos.

Kenny Li, co-founder of P0xeidon Labs, the development team behind Manta Network, confirmed the attack, stating, “We experienced a large DDoS attack targeting our RPC nodes.

Our team quickly identified and mitigated the threat, ensuring uninterrupted service for our users.”

Manta Network utilizes zero-knowledge proofs technology to provide privacy-preserving transactions on the Ethereum blockchain.

This privacy focus could have made it a tempting target for those seeking to manipulate crypto markets or hide their activities.

While the attack was unsuccessful, it highlights the challenges faced by emerging blockchain projects as they gain wider adoption.

ddos attack on manta network
ddos attack on manta network

Security remains a paramount concern in the crypto space, and incidents like this underscore the need for robust defense mechanisms and vigilant monitoring.

Despite the DDoS attempt, Manta Network emerged unscathed and appears poised for continued growth. The successful exchange listing and resilience against the attack demonstrate the project’s potential and commitment to its users.

Following the incident, Manta Network released a statement, thanking the community for their support and reiterating their commitment to building a secure and reliable platform. “We remain focused on our mission of bringing privacy and security to the blockchain space,” the statement concluded.

The DDoS attack on Manta Network serves as a cautionary tale for all blockchain projects, emphasizing the importance of prioritizing security and remaining vigilant against potential threats.

While it remains to be seen who was behind the attack and their motives, Manta Network’s successful defense showcases the growing maturity and resilience of the blockchain ecosystem.

Source
Cointelegraph

Victor Chijoke

Passionate about blockchain, and the decentralized internet. A writer in the morning, goalie in the evening. The aim is to keep my readers informed about the ever-evolving world of web3 with a unique blend of expertise and storytelling.

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