edgeX: EDGE Abnormal Fluctuation Is Due to External Manipulation, Not a Platform Security Incident

Odaily Planet Daily reported that edgeX released its latest statement regarding the abnormal price fluctuation of the EDGE token, stating that the protocol has not been attacked in any form, and that this incident was not caused by a hacker attack, exploit, or security vulnerability.

edgeX stated that currently available information indicates this abnormal fluctuation was caused by certain external parties deliberately manipulating the market price of EDGE. This is a market integrity issue, not a platform security issue.

The team stated that it is actively conducting investigations with relevant exchanges and partner platforms, and will release a more comprehensive incident report upon completion of the investigation.