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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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Hyperlane volume data is questioned by LayerZero co-founder for possible wash trading.
According to Gate News bot, Bryan Pellegrino, co-founder of LayerZero, has questioned the volume data of the cross-chain communication protocol Hyperlane. Bryan Pellegrino pointed out that there are specific addresses making $24,000 round-trip transactions every 30 seconds, creating false trading volume.
Hyperlane responded that the relevant transaction behavior comes from users who pursue HYPER rewards and has nothing to do with the protocol party. Bryan Pellegrino further pointed out that there is an unfair distribution of Hyperlane token rewards. It is worth noting that LayerZero has implemented large-scale anti-Sybil measures when it previously conducted token airdrops.
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