Holograph: More than 51.53 million HLGs were destroyed again, and nearly 740 million HLGs are still to be destroyed
Holograph posted on social media that approximately 51,530,079 HLG tokens were destroyed about 4 hours ago.Previously, the Holograph protocol suffered an illegal attack on June 13th, where the malicious attacker increased the total supply of HLG. The attacker transferred 1 billion HLG to various CEXs and began selling them. After reporting the situation to exchanges, approximately 200 million HLG were successfully frozen and are currently being recovered through legal procedures.Currently, the remaining circulating supply of HLG is approximately 800 million tokens. After extensive discussions with the community, the plan to restore the total supply of HLG to 10 billion tokens has been initiated. Currently, there are still 738,419,187 HLG tokens awaiting destruction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Crashes Below $53,000 – Stock Market Faces Worst Week in 18 Months
New Android malware steals private keys from screenshots and images
VanEck to close its Ethereum futures ETF in September, a year after launch
Rumors of a 50 Basis Point Rate Cut Following the FED Member’s Flash Statements: So What Do Analysts Say?
Analysts evaluated the possibility of a 50 basis point cut, which was claimed to have strengthened following the critical statements of FED member Waller.
