Cryptocurrency News

DEX accidentally hits kill switch on mainnet, locking 660,000 USDC inside

08/31/2022

Less than a minute

2022.08.31 02:22

DEX accidentally hits kill switch on mainnet, locking 660,000 USDC inside

A decentralized cryptocurrency (D options exchange cut its own life short after unwittingly executing a command that closed its mainnet program and made it irrecoverable.

OptiFi informed users that its platform had come to an unceremonious end after its development team tried to update its code on Monday. According to the decentralized exchange, the program incident also locked up some 660,000 USD Coin (USDC) on-chain.

08/31/2022

Less than a minute

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