Manta Network is the multi-modular ecosystem for zero-knowledge (ZK) applications. Manta Atlantic, the fastest ZK L1 chain, brings programmable privacy to web3 through compliant on-chain privacy and identity. Manta Pacific, the unique L2 ecosystem for EVM-native ZK applications, provides a scalable and inexpensive gas-fee environment for ZK applications to deploy simply using Solidity. Together, Manta Atlantic and Manta Pacific deliver an unparalleled experience for the next generation of web3 application development and adoption with the applied usage of zero-knowledge cryptography.
According to Bifrost's monitoring, at 19:47 Beijing time on August 8, hackers exploited a vulnerability in the liquidity pool, stealing approximately $720,000 worth of assets from the vDOT single-asset pool and the vASTR/ASTR and vMANTA/MANTA pools. The stolen assets were subsequently deposited into HitBTC and eventually flowed into Binance. Bifrost has contacted Binance's security department to submit a fund freeze request and has filed a report along with a chain of custody evidence package, including transaction tracking, wallet addresses, and timestamps, with law enforcement authorities. Currently, Bifrost has halted all liquidity mining rewards and is conducting a comprehensive security review.
According to the official announcement, based on recent review results, Binance will delist the following spot trading pairs and suspend trading for them: May 15, 2026, at 11:00 AM (UTC+8): ATOM/FDUSD, AXS/BTC, CELO/BTC, GAS/BTC, MANTA/FDUSD, PYTH/BTC, SANTOS/BTC, SIGN/FDUSD, SOPH/FDUSD, XVS/BNB, and XVS/BTC.
Manta Network announced on X that it will shut down its staking program, stating that the inflationary reward mechanism is inconsistent with the project’s long-term vision as it permanently dilutes the value held by MANTA token holders. Staking rewards will officially cease in two weeks, on April 20, 2026. Node operators may exit the program at any time starting today. No network rewards will be issued after the staking program ends. Manta Network added that it plans to take over the Layer 2 infrastructure operations of Manta Pacific, transitioning to self-operated sequencers and an in-house tech stack to enhance network autonomy and streamline operational structure.