Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Holograph: More than 51.53 million HLGs were destroyed again, and nearly 740 million HLGs are still to be destroyed

Holograph: More than 51.53 million HLGs were destroyed again, and nearly 740 million HLGs are still to be destroyed

CointimeCointime2024/06/24 00:46
By:Cointime

Holograph posted on social media that approximately 51,530,079 HLG tokens were destroyed about 4 hours ago.Previously, the Holograph protocol suffered an illegal attack on June 13th, where the malicious attacker increased the total supply of HLG. The attacker transferred 1 billion HLG to various CEXs and began selling them. After reporting the situation to exchanges, approximately 200 million HLG were successfully frozen and are currently being recovered through legal procedures.Currently, the remaining circulating supply of HLG is approximately 800 million tokens. After extensive discussions with the community, the plan to restore the total supply of HLG to 10 billion tokens has been initiated. Currently, there are still 738,419,187 HLG tokens awaiting destruction.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Elon Musk sets a Diablo 4 global record

Share link:In this post: Elon Musk potentially ranks no. 1 in Atificer’s Pit challenge. He has timed his win at 1:52 beating the current record of 1:59. Elon Musk’s recent ranking has not yet appeared on the leaderboard.

Cryptopolitan2024/11/21 20:33

SEC edges closer to Solana ETF approval amid political shifts

Share link:In this post: Solana exchange-traded funds may arrive on Wall Street very soon. SEC is in talks with issuers about approving a Solana ETF. SEC Chair Gary Gensler’s announcement that he would resign on January 20, 2025, aligns with the possibility of a pro-crypto administration taking office.

Cryptopolitan2024/11/21 20:33