Multiple Network: Due to the contamination of the MTP token supply, a token swap and buyback program will be implemented
the DePIN project Multiple Network stated on the X platform that, previously, due to a third-party market maker unlocking and selling tokens, the original MTP token supply was contaminated, and the security of the token was compromised. In order to protect the interests of the community and ensure system stability, the team will implement a comprehensive token replacement plan, supplemented by systematic repurchase measures.
At 10 am 东八区, all exchanges will suspend the deposit/withdrawal/trading of MTP and take a snapshot.
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.
You may also like
Webster, NY: A Center for Revitalization and Growth Fueled by Infrastructure
- Webster , NY, leverages public-private partnerships to drive real estate and industrial growth through $4.5M downtown revitalization and $9.8M infrastructure upgrades. - Brownfield Opportunity Area designations and waterfront projects unlock underused land, attracting $650M fairlife® facility and mixed-use developments with state-funded remediation. - Strategic infrastructure investments at Xerox campus and Sandbar Waterfront enhance industrial readiness and property values, creating scalable opportuniti

Switzerland Postpones Crypto Tax Data Exchange to Meet Technological and International Requirements
- Switzerland delays crypto tax data sharing until 2027, aligning with global regulatory reevaluations amid evolving tech and market dynamics. - SGS acquires Australia's Information Quality to boost digital revenue, reflecting Swiss firms' expansion into tech-driven compliance solutions. - Canada's Alberta oil sands policy shift highlights governments prioritizing economic growth over strict climate regulations, mirroring Switzerland's approach. - BridgeBio's precision medicine and Aires' EMF solutions dem

Switzerland's Focus on Privacy Conflicts with International Efforts for Crypto Taxation
- Switzerland delays crypto tax data sharing with international partners until 2027, contrasting with global regulatory efforts to close offshore loopholes. - The U.S. advances implementation of the OECD's CARF framework, aiming to automate reporting on foreign crypto accounts by 2029. - CARF requires foreign exchanges to report U.S. account details, mirroring traditional tax standards and targeting crypto tax evasion. - Switzerland's privacy-focused stance highlights tensions between financial confidentia

Zcash News Update: Reliance Shifts Entirely to Zcash, Citing Privacy and Regulatory Alignment
- Reliance Global Group, a Nasdaq-listed fintech firm, shifted its entire crypto portfolio to Zcash (ZEC), divesting Bitcoin , Ethereum , and other major coins. - The strategic pivot, announced November 25, prioritizes Zcash's privacy-focused zk-SNARKs technology for institutional compliance and selective data disclosure. - Zcash's 1,200% 90-day price surge and Grayscale's ETF filing highlight growing institutional interest in privacy-centric assets. - The move reflects broader crypto industry trends towar
