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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
Join the Trading Volume & Net Deposit Leaderboards to win from a 20 ETH prize pool
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
The next bull market prophet could be you! Want your insights to hit the Square trending list and earn ETH rewards? Now’s your chance!
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Or any o
- 🧠 #GateGiveaway# - Crypto Math Challenge！
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1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
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Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd - 🚨 Gate Alpha Ambassador Recruitment is Now Open!
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Across Protocol is involved in a DAO manipulation scandal, ACX falls 10%.
Gate News bot news, on Friday, the ACX token of Across Protocol was impacted due to accusations of governance manipulation and insider trading. Previously, some community members on X claimed that core contributors preemptively listed the coin on CEX and still control this supposedly decentralized DAO.
However, the team quickly denied any such allegations.
The token ACX of Across Protocol has dropped by 10% in this wave of turmoil. Regardless of whether these accusations are true, they seem to have shaken traders' confidence. The trading volume of ACX has surged while the price has fallen, indicating that market participants are reacting swiftly.
Across co-founder Hart Lambur called these accusations "absolutely false" and denied all wrongdoing.
In a blog post on Friday, he wrote: "Risk Labs obtained ACX tokens from the DAO to build the Across protocol. This is standard practice for the DAO! Since the first funding (October 2023), we have released Across v3 and significantly expanded the protocol."
Lambur added: "Since the second disbursement (October 2024), we have built Across v4 (to be announced soon) using some new technologies, and we have recruited excellent new team members with these tokens (vesting over 4 years). We are using the ACX tokens as expected."