Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback

2025-06-17 12:13

Co‑founder Tiancheng Xie revealed that Polyhedra Network is launching a buyback strategy to support ZKJ token prices after an “egregious” liquidity attack wiped out over 80% of its value.

Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback

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Delay here was expected. Intermediary deadline for this was today. But, SEC is engaging on S-1 for Solana Staking ETFs and that's a very positive sign. Still, timelines for approvals are less certain IMO

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VIRTUAL experienced abnormal movements, with a 14.72% drop in the 24-hour period

Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback

24/7 Flashes

Binance SPK fund fee rate reaches -1.00%, with high bearish sentiment in the market

Delay here was expected. Intermediary deadline for this was today. But, SEC is engaging on S-1 for Solana Staking ETFs and that's a *very* positive sign. Still, timelines for approvals are less certain IMO

AgriFORCE Launches Gas-Powered Bitcoin Mining Site in Alberta, Plans Expansion to 1 EH/s

Bitcoin Heads Lower as Trump Threatens to Assassinate Iran’s Supreme Leader

VIRTUAL experienced abnormal movements, with a 14.72% drop in the 24-hour period

24/7 Flashes

Binance SPK fund fee rate reaches -1.00%, with high bearish sentiment in the market

Delay here was expected. Intermediary deadline for this was today. But, SEC is engaging on S-1 for Solana Staking ETFs and that's a *very* positive sign. Still, timelines for approvals are less certain IMO

AgriFORCE Launches Gas-Powered Bitcoin Mining Site in Alberta, Plans Expansion to 1 EH/s

Bitcoin Heads Lower as Trump Threatens to Assassinate Iran’s Supreme Leader

VIRTUAL experienced abnormal movements, with a 14.72% drop in the 24-hour period

Delay here was expected. Intermediary deadline for this was today. But, SEC is engaging on S-1 for Solana Staking ETFs and that's a very positive sign. Still, timelines for approvals are less certain IMO

Delay here was expected. Intermediary deadline for this was today. But, SEC is engaging on S-1 for Solana Staking ETFs and that's a very positive sign. Still, timelines for approvals are less certain IMO