📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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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.