PANews reported on June 2nd that edgeX issued an update regarding the abnormal price fluctuations of the EDGE token, stating that the protocol was not compromised in any way, and the incident was not due to a hack, exploit, or security vulnerability. Current information indicates that this was an attempt by certain external parties to deliberately manipulate the EDGE market price, a market integrity issue rather than a platform security issue. The team is actively investigating and cooperating with relevant exchanges and platforms; a full update will be released after the investigation is completed.
edgeX: The abnormal fluctuations in the EDGE token were due to deliberate manipulation by external parties, not a platform security issue.
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Author: PA一线
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