📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
SOON responds to the flash crash of the coin price: the attacker was well-planned, and the project team and market makers did not participate in this incident.
According to BlockBeats news, on July 10, SOON posted a response on the X platform regarding the flash crash of coin prices that occurred on July 5. The SOON Foundation stated that the attackers carried out synchronized withdrawals and cross-CEX selling actions, and the high level of coordination in their actions indicates that this was a well-planned operation. At the same time, the attackers profited significantly from short positions by exploiting the extreme negative interest rates in Futures Trading. The SOON Foundation clarified that the project team and SOON's official market-making partners, Jump Crypto and Amber Group, did not participate in the July 5 incident in any identification, and disclosed the holding addresses of the relevant parties.