Today news
About the same in other media
Decoding Optimism’s 36% crash and what went on behind the scenes
Reading now: 188
Just days after its launch, the Optimism’s native token, OP faced its first major hit over a $20 million mistake. The Optimism Foundation ‘accidentally’ transferred 20 million OP tokens to the wrong multi-sig wallet. The error occurred even after two test transactions took place over the chain. Aside from the “lost” tokens, OP prices took a huge slump of over 36% after the news broke.
The Optimism Foundation confirmed in a statement that 20 million OP tokens have been sent to the wrong wallet. The tokens were meant to be transferred to Wintermute, a liquidity provider.
<p lang=«en» dir=«ltr» xml:lang=«en»>Hey folks–in the interest of transparency, we'd like to share some details about an ongoing situation:https://t.co/915vIgRIJGSummary below
Read more on ambcrypto.comAbout this in other media
Law Decoded, June 13–20: Celsius exodus and liquidity crisis cointelegraph.com /1 year ago
Decoding if ApeCoin can recover its 45% descent ahead of ApeFest ambcrypto.com /1 year ago
This analyst decodes the mystery behind Celsius’ crippling meltdown ambcrypto.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Is BAYC losing significance with ApeCoin [APE] losing over 34% in a week](https://fvbb.com/storage/thumbs_400/img/2022/6/12/28743_gpyl9.jpg)
![Litecoin [LTC] drops beneath range lows, could $50 be next](https://fvbb.com/storage/thumbs_400/img/2022/6/11/28612_1ia.jpg)
![Decoding Fantom’s [FTM] latest whale trick for investors](https://fvbb.com/storage/thumbs_400/img/2022/6/11/28605_yfqab.jpg)
