$MANTA #TOKEN $BTC
Manta Network, a layer2 blockchain that recently launched its MANTA governance token, faced a distributed denial-of-service (DDoS) attack on Thursday, resulting in network delays and slowed withdrawal processes.
In an official post, Manta developers acknowledged the incident, outlining the impect of attack on the network and assuring users that they are actively working to resolve the issues. As of now, no information regarding the identity of the threat actor responsible for the attack has been disclosed.
According to Kenny Li, co-founder of POxeidon labs, the cryptographic development team behind Manta Network encounterd more than 135 million remote procedure call (RPC) requests on January 18. The influx caused initial performance fluctuations and throughput issues, leading to widespread slowdown in the network.
Kenny Li described the attack as "verry aggressive and timed" but assured users that funds are secure,and the blockchain is operating safely.