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Manta Network successfully navigates RPC flood on the Manta Pacific chain, ensuring uninterrupted blockchain functionality and user service continuity. Manta Network, a Layer 2 modular blockchain, recently confronted a technical disturbance within its Manta Pacific chain triggered by an RPC (Remote Procedure Call) flood at 9 AM UTC. This incident, while significant in nature, did not hamper the blockchain’s core functionality. At around 9AM UTC, Manta Pacific chain experienced an RPC flood and we are resolving. The chain is running fine, blocks are producing, and accessibility is back online soon. — Manta Network (,) #MantaNewParadigm (@MantaNetwork) January 18, 2024 An RPC (Remote Procedure Call) flood is a type of network attack in which an overwhelming number of RPC requests are sent to a server or a network. This flood of requests can overwhelm the system, leading to slow response times or even making the service unavailable for legitimate users. In the context of a bl...

Xirtam token's scheduled initial airdrop offering was canceled at the eleventh hour following an alleged pricing dispute. On April 26, Xirtam token's scheduled initial Airdrop offering (IAO) on the Arbitrum decentralized exchange AlienFi was cancel ed minutes before launch.  It was not immediately clear which party was responsible for the cancelation. In a series of screenshots shared on Twitter, AlienFi alleged that, unbeknownst to the development team, Xirtam had conducted "a seed sale sold 3x+ below the Fjord price" before the scheduled IAO and Xirtam "decided to cancel" after AlienFi developers discovered the event, leading to a pricing dispute. According to an April 20 post, Xirtam was scheduled for a two-part presale with liquidity protocol Fjord Foundry and a private-public sale with AlienFi. The IAO with AlienFi was scheduled for April 26 with a total raise target of 350 Ether (ETH) for 50 million Xirtam tokens.  According to data from Fjord Fou...

The milestone was accomplished less than one month after a much-anticipated airdrop. According to statistics compiled by user @Henrystats on Dune Analytics, the number of account s, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on Apr. 17. Aside from individual addresses, there are now more than four million active account s in the ARB ecosystem with nearly 200 million transactions having been completed since inception. The growth has come on the back-end of both a busy development cycle for Arbitrum and the hype surrounding its Mar. 23 airdrop, an event that saw the distribution of 1.275 billion ARB tokens to a total of 625,143 eligible addresses. The number of accounts amounted to 3.4 million after the last ARB airdrop.  Remember #Arbinauts, you have 6 months to claim your tokens! Gas fees will be quite high, and there will be server congestion. — Arbitrum (,) (@arbitrum) March 23, 2023 The day after the airdrop, Cointelegraph ...