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- 🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
Fam, head to Gate Square now and cheer for #TokenOfLove# — 20 music festival tickets are waiting for you! 🔥
HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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🎵 The song you want to he - ✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
Post with #Gate Travel Sharing Ambassadors# on Square and win exclusive travel goodies! 💡
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1️⃣ Post on Square with the hashtag #Gate Travel Sharing Ambassadors#
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🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
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Across Protocol is involved in a DAO manipulation scandal, ACX falls 10%.
Gate News bot news, on Friday, the ACX token of Across Protocol was impacted due to accusations of governance manipulation and insider trading. Previously, some community members on X claimed that core contributors preemptively listed the coin on CEX and still control this supposedly decentralized DAO.
However, the team quickly denied any such allegations.
The token ACX of Across Protocol has dropped by 10% in this wave of turmoil. Regardless of whether these accusations are true, they seem to have shaken traders' confidence. The trading volume of ACX has surged while the price has fallen, indicating that market participants are reacting swiftly.
Across co-founder Hart Lambur called these accusations "absolutely false" and denied all wrongdoing.
In a blog post on Friday, he wrote: "Risk Labs obtained ACX tokens from the DAO to build the Across protocol. This is standard practice for the DAO! Since the first funding (October 2023), we have released Across v3 and significantly expanded the protocol."
Lambur added: "Since the second disbursement (October 2024), we have built Across v4 (to be announced soon) using some new technologies, and we have recruited excellent new team members with these tokens (vesting over 4 years). We are using the ACX tokens as expected."