📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Ionic suffered losses of up to $8.6 million in the attack, and its predecessor Midasprotocol was attacked twice.
Odaily Planet Daily News on-chain data shows that Ionic on Mode has been attacked with losses reaching 8.6 million US dollars. On-chain detective ZachXBT said: Ionic is the predecessor of the Midas protocol, which was hacked twice in 2023. However, when the Ionic project went live, it used the outdated 2022 Midas audit report. ZachXBT once privately messaged the team to question the contract security of Ionic. The team stated that their codebase is based on a fork of Compound, and the vulnerabilities in Midas were due to known vulnerabilities in the Compound code. These issues have been addressed through measures such as implementing whitelists and reentrancy attack circuit breakers in the new pool, emphasizing that Ionic is very secure. Odaily previously reported that the Ionic platform based on Mode was hacked, and the hackers used unofficial fake LBTC (Lombard BTC) as collateral for lending on the Ionic platform. The team is investigating, and Odaily reminds users not to interact with it.