{"id":75350,"date":"2025-11-21T13:23:46","date_gmt":"2025-11-21T13:23:46","guid":{"rendered":"https:\/\/coinjournal.net\/?p=349648"},"modified":"2025-11-21T13:23:46","modified_gmt":"2025-11-21T13:23:46","slug":"okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/","title":{"rendered":"OKB price dips 20% as OKB Boost contract glitch drains entire reward pool"},"content":{"rendered":"\n<ul>\n<li>The malfunction allowed 32 wallets to claim 623M PYBOBO within 4 seconds.<\/li>\n<li>The event emptied nearly all the 625M reward pool almost instantly.<\/li>\n<li>The glitch coincides with OKB&#8217;s price underperformance.<\/li>\n<\/ul>\n<p>The virtual currency sector recorded another sell-off on Friday as Bitcoin lost 10% in the past 24 hours to press time&#8217;s $81,865.<\/p>\n<p>The global crypto market cap stands at $2.81 trillion after a 10% decline over the last day.<\/p>\n<p>Amidst the broader bloodbath, OKX&#8217;s native token suffered the most as the downside coincided with OKX facing new scrutiny after an unexpected contract glitch in its recent Boost reward campaign.<\/p>\n<p>A planned distribution of PYBOBO coins ended up with nearly all the pool drained within four minutes, and it wasn&#8217;t the massive demand as earlier thought.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680;UPDATE: OKX&#8217;s PYBOBO Reward Pool drained in seconds. <\/p>\n<p>Users report massive claims cleared almost instantly, showing the insane demand and liquidity frenzy. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mER1GrLeRJ\">pic.twitter.com\/mER1GrLeRJ<\/a><\/p>\n<p>&mdash; The Crypto Times (@CryptoTimes_io) <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoTimes_io\/status\/1991852050054025238?ref_src=twsrc%5Etfw\">November 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>OKX&#8217;s token underperformed the overall cryptocurrency market in the past 24 hours.<\/p>\n<p>It dipped from $115 to $94 during this writing, and over 18% dip on its daily price chart.<\/p>\n<p>OKB experienced intensified selling pressure as the news of contract malfunctioning spread.<\/p>\n<h2>A 4-second glitch empties 99.68% of incentives<\/h2>\n<p>On-chain stats show that 32 addresses claimed 623 million PYBOBO coins, wiping nearly all the 625 million allocated for the distribution event.<\/p>\n<p>The most striking thing is that the entire sweep took only four seconds, catching the team and participants unaware.<\/p>\n<p>Notably, a multifunction within the OKX Boost claim contract seems to have permitted abnormal, rapid claims, allowing a few addresses to receive far more PYBOBO tokens than initially planned.<\/p>\n<p>OKLink identified a particular wallet that claimed 37.847 million tokens, worth roughly $18,600.<\/p>\n<p>Nevertheless, what&#8217;s striking is how fast the pool evaporated, with 99.68% of rewards gone by the time the ream noticed the glitch.<\/p>\n<p>The event&#8217;s nature indicates an unintended move that propelled distributions well beyond their specified limits.<\/p>\n<h2>OKX Wallets halts claiming amid investigations<\/h2>\n<p>The team acknowledged the issue immediately after the reports emerged and confirmed delaying PYBOBO claiming until after resolving the contract issuer.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Claiming for PYBOBO rewards will be postponed. <\/p>\n<p>We&#8217;ll provide updates here once the issue has been resolved.<\/p>\n<p>&mdash; OKX Wallet (@wallet) <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/wallet\/status\/1991818098740261270?ref_src=twsrc%5Etfw\">November 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The temporary pause aims to prevent further potential damage as the project conducts a review.<\/p>\n<p>The team has promised to publish more updates as they investigate the matter.<\/p>\n<p>The incident sent ripples across the OKX ecosystem. OKB testified to that with its overwhelming selling pressure.<\/p>\n<h2>OKB price outlook<\/h2>\n<p>OKX&#8217;s token&nbsp; hit a daily low of $94 after losing the $100 psychological mark.<\/p>\n<p><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-349649\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/11\/OKB-Chart.jpg\" alt=\"\" width=\"718\" height=\"337\"><\/p>\n<p>It has dropped from a daily high of $115, losing over 18% of its value in the past 24 hours.<\/p>\n<p>OKB has seen its daily trading volume surge 100%, signaling increased speculative activity.<\/p>\n<p>The digital coin would likely slump further before regaining a dependable footing as sellers thrive in the current financial landscape.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/\">OKB price dips 20% as OKB Boost contract glitch drains entire reward pool<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>The malfunction allowed 32 wallets to claim 623M PYBOBO within 4 seconds. The event emptied nearly all the 625M reward pool almost instantly. The glitch coincides with OKB&#8217;s price underperformance. The virtual currency sector recorded another sell-off on Friday as Bitcoin lost 10% in the past 24 hours to press time&#8217;s $81,865. The global crypto [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/\">OKB price dips 20% as OKB Boost contract glitch drains entire reward pool<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":75351,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,43,1],"tags":[],"class_list":["post-75350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OKB price dips 20% as OKB Boost contract glitch drains entire reward pool - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKB price dips 20% as OKB Boost contract glitch drains entire reward pool - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"The malfunction allowed 32 wallets to claim 623M PYBOBO within 4 seconds. The event emptied nearly all the 625M reward pool almost instantly. The glitch coincides with OKB&#8217;s price underperformance. The virtual currency sector recorded another sell-off on Friday as Bitcoin lost 10% in the past 24 hours to press time&#8217;s $81,865. The global crypto [&#8230;] The post OKB price dips 20% as OKB Boost contract glitch drains entire reward pool appeared first on CoinJournal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinAlSat.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinalsat1\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-21T13:23:46+00:00\" \/>\n<meta name=\"author\" content=\"Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/\"},\"author\":{\"name\":\"Author\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#\\\/schema\\\/person\\\/6fa35040f9ef4ae108188eaeb3ef441b\"},\"headline\":\"OKB price dips 20% as OKB Boost contract glitch drains entire reward pool\",\"datePublished\":\"2025-11-21T13:23:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/\"},\"wordCount\":509,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coinalsat.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool.jpg\",\"articleSection\":[\"Blockchain\",\"Crypto Currency News\",\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/\",\"url\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\\\/\",\"name\":\"OKB price dips 20% as OKB Boost contract glitch drains entire reward pool - 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The event emptied nearly all the 625M reward pool almost instantly. The glitch coincides with OKB&#8217;s price underperformance. The virtual currency sector recorded another sell-off on Friday as Bitcoin lost 10% in the past 24 hours to press time&#8217;s $81,865. The global crypto [&#8230;] The post OKB price dips 20% as OKB Boost contract glitch drains entire reward pool appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2025-11-21T13:23:46+00:00","author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"OKB price dips 20% as OKB Boost contract glitch drains entire reward pool","datePublished":"2025-11-21T13:23:46+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/"},"wordCount":509,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2025\/11\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool.jpg","articleSection":["Blockchain","Crypto Currency News","General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/","url":"https:\/\/coinalsat.com\/en\/okb-price-dips-20-as-okb-boost-contract-glitch-drains-entire-reward-pool\/","name":"OKB price dips 20% as OKB Boost contract glitch drains entire reward pool - 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