📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
teochew.eth accidentally exchanged 1 SPK for 19687 USDT
Gate News bot reports that, according to Lookonchain monitoring, trader 0x7ef29 sold 1 SPK at a high price of 19,687 USDT.
Before the SPK trading launch, teochew.eth created an SPK/USDT liquidity pool and added 19,998 USDT as unilateral liquidity.
He intended to set the exchange rate to 1 USDT = 19.931<996210 SPK, but mistakenly set it to 1 SPK = 19.931<996210 USDT.
As a result, trader 0x7ef29 exchanged almost all the USDT in the mining pool with just 1 SPK after the transaction opened, cashing out 19,687 USDT.
By the time teochew.eth discovered this error, most of the liquidity had already vanished.
He withdrew the remaining 32.92 USDT and 4.69 SPK (0.31 USD), losing 19,965 USD.