On September 9, the public chain project Metabit Network announced that due to the conflict of development strategy concepts, it was affected by the malicious smashing behavior of the former team, resulting in huge fluctuations in the price of BMTC. The foundation issued the following measures: BMTC Token Destruction Program The total number of BMTC tokens issued is 1 billion, and the circulation plate 150 million, of which IDO, seed round, institutional round, foundation and team released a tot...
MetaBit Capital released a statement saying that the first destruction has been completed, and 20,000 MBTs have been destroyed this time.
On June 26, MetaBit Capital released a statement that the private key of the wallet used by MBT for subsequent withdrawal of IFCT users was leaked, causing about 750,000 MBT to be thrown into the market, causing the price of the currency to drop sharply. MBT will introduce corresponding remedial measures and compensation plans in the near future, and the MetaBit Foundation will also introduce corresponding measures to promote the return of currency prices to normal as soon as possible.