Join Our Telegram channel to stay up to date on breaking news coverage Due to a programming error, the mainnet platform for OptiFi, a decentralized finance (DeFi) platform with an emphasis on derivati...
Tag: OptiFi
OptiFi: Solana-based DEX loses $661,000 due to programming error
Routine updates prove fatal sometimes, which is why developers check updates to programs regularly. Sometimes a small error causes a big loss to the whole system. The same happened with Solana-based D...
Expensive Mistake of Solana DEX OptiFi: Permanently Shuts Itself, Locks Up $661,000
OptiFi, a decentralized options exchange, is dramatically stopped as the development team closed the mainnet and locked up funds during an attempted upgrade. An Expensive Mistake On August 30, t...
OptiFi locks up $661,000 by accidentally shutting itself down
OptiFi, a DeFi options trading protocol on Solana, accidentally shut down its mainnet thereby rendering $661,000 in user funds inaccessible, the project announced on Tuesday. According to the team’s i...
Solana-based Derivative Platform OptiFi Mistakenly Shuts Down Mainnet, Loses Access to $661k
OptiFi, a derivative decentralized exchange (DEX) built on the Solana network, announced the sudden closure of its mainnet on Tuesday, causing users to lose access to the $661,000 worth of assets lock...
Solana DEX OptiFi Accidentally Shuts Itself Down, Locks Up $661,000
Key Takeaways The OptiFi team says they accidentally permanently closed the OptiFi program on Solana mainnet yesterday during a routine upgrade. The shutdown resulted in the loss of $661,000 in funds,...
Solana-based DEX OptiFi loses $661,000 permanently after mistakenly closing program
Solana-based (SOL) decentralized exchange OptiFi mistakenly closed its program on August 29, losing $661,000 of its funds permanently. OptiFi’s program has been closed by mistakes we made. TL;DR...