In the early hours of June 2, 2026, the EDGE token experienced a severe and sudden price dislocation, dropping approximately 71% from around $1.12 to a low of roughly $0.32 within approximately one hour, before recovering and stabilizing in the $0.63–$0.71 range.
We believe this was a deliberate and targeted attack. The perpetrator appears to have exploited a combination of factors: thin on-chain DEX liquidity during low-activity trading hours, high leverage in perps, and cascading CEX liquidity conditions, engineered to trigger a flash crash.
We are actively in communication with the relevant CEXs to obtain accurate data on market maker activity and liquidity conditions at the time of the incident. Here is what our team is doing right now:
- Gathering evidence and reconstructing the full sequence of events, because we owe that clarity to ourselves, our users, and the broader market.
- We have posted a 200,000 USDC on-chain bounty for anyone who can identify the entity or entities behind the attacking wallet addresses, or provide information that materially assists in that identification. Please open a discord ticket. https://t.co/MXmJRJz8Te
We will share updates as meaningful findings emerge.
We're grateful for all partners and users supporting us in this difficult time.
$LUNC Kickstarts New Month with Massive Burn
Terra Classic executed a permanent removal of 32,586,604 $LUNC from circulation to start the June trading month.
On-chain data verifies the total supply has contracted to 6,458,698,690,249 $LUNC.
The burn leaves the current circulating float at 5,536,143,577,989 units following the latest 0.0005% daily supply reduction.
$KTA
Community "controls" price, yet the team has sold over 10M+ KTA in the past year on team-related wallets. He is now blaming the community for the price action even though they were promised adoption and partners using the network a whole ago.
It really is over.
@john9d9hde8931@schenkty@schenkty lies all the time. still ZERO major partner confirmed, while he promissed 6-7 MAJOR partners after mainnet. Visa direct has not confirmed partnership with @KeetaNetwork so it is used as a service like by any other company - not a partner $KTA
@FreedomGoblin92@HonusWagne10387 Even I thought the pump would be at least $0.30, but not even that... It hasn't gone above $0.22. This is no longer even good for buying and selling.
More than 1 year of waiting to see something usable from the $KTA team, just for Keeta Personal to be so unpolished that feels like a super rushed Frankenstein tech.
The UI is buggy, unintuitive, pricing data is misaligned, KYC takes forever, has to be done twice (for Footprint and for BIVO), and throws random 'Verification Failed' errors. Customer service is totally absent (!!), and wires could take up to 2 days without a single notification confirming if they went through? Thanks but no thanks.
The execution looks entirely too cheap to risk moving any real size into. Do you really expect anyone to use this half-baked garbage as their default banking app? 😅
At launch we were promised instant swaps between any asset and lightning-fast wires. Where are they?
I can already see the playbook: for every single issue, they’ll just point fingers at their 'partners' or complain that legacy infrastructure is too old, or ask us to wait for the next improved version or more banks to connect to the network (as if).
This is a massive disappointment, and frankly, the last one I'm willing to tolerate from a team headed by such a cocky person who has made a habit of overpromising and under-delivering, throwing a shadow of doubt on any official announcement.
I'll check back in 5-6 months to see if they've actually built anything worth talking about. By then, we’re supposed to have debit/credit cards, iOS and Android apps, a business branch, major partnerships, and even a completed bank acquisition. Right?
@Nordicsleep@jack_bauer10 I was playing XBOX in Ty's basement bedroom at his mom's house, and she screamed down the stairs that keeta:native would hit $302 soon and she's counting on it so he can move out.
LUNC Market Cap Crosses $500M Again
Terra Luna Classic's $LUNC token is up 12% in the last 24 hours, according to Coingecko.
Further, the asset has crossed 500M in Market cap for the third time in the past month.
With a 50%+ surge over the past 30 days, the question is whether $LUNC can sustain this momentum and hit its previous peak...
Holy shit! Big $kta Whales are market dumping as we speak. Keeta is almost dead and in a death spiral. Ty has given up. Community members are getting banned on Discord. The update was a big nothing burger, there was only hype. $0.05 incoming, the chart, price and volume never lie
@Whataworldhuh@notoriousFAT_ty On the contrary, I'll be happy for all the retailers.
The ups and downs don't make me happy because it's the humble people who lose their money.