💥 Gate Square Event: #Post0GWinUSDT# 💥
Post original content on Gate Square related to 0G or the ongoing campaigns (Earn, CandyDrop, or Contract Trading Competition) for a chance to share 200 USDT rewards!
📅 Event Period: Sept 25, 2025, 18:00 – Oct 2, 2025, 16:00 UTC
📌 Related Campaigns:
Earn: Enjoy stable earnings
👉 https://www.gate.com/announcements/article/47290
CandyDrop: Claim 0G rewards
👉 https://www.gate.com/announcements/article/47286
Contract Trading Competition: Trade to win prizes
👉 https://www.gate.com/announcements/article/47221
📌 How to Participate:
1️⃣ Post original cont
A thrilling event has occurred once again in the Crypto Assets market. Recently, a Token named $GAIN encountered a serious security vulnerability. It is understood that this Token was just issued for the first time on a well-known platform yesterday, but an abnormal situation occurred this morning.
An authorized address suddenly issued a large number of $GAIN Tokens and then carried out a massive sell-off on a decentralized trading platform, leading to a price crash. This behavior caused severe market fluctuations, triggering panic among a wide range of investors.
Currently, the addresses with issuance rights have ceased selling activities. However, it is concerning that approximately 2955 BNB (worth about 3 million USD) gained from this operation is being gradually transferred through cross-chain bridges, which may be to cover up the transaction traces.
Industry experts remind that this incident may be the result of a hacker attack. It is estimated that the $GAIN Token has been abnormally issued up to 5 billion coins, a shocking number. In this situation, investors should remain highly vigilant and must not blindly "buy the dip".
Market observers suggest that investors should adopt a wait-and-see attitude before the truth of the incident is fully revealed, awaiting further statements from official or relevant institutions. This incident once again highlights the high-risk nature of the Crypto Assets market and reminds us to be cautious when investing and to manage risks effectively.
As the situation develops, relevant parties may take measures to respond to this crisis. Investors should closely monitor the progress of the situation, as well as any potential compensation or solutions that may arise. At the same time, this event has sounded an alarm for the entire industry, calling for strengthened security mechanisms for Token issuance and management to prevent similar incidents from happening again.