Optimism loses 20M tokens after L1 and L2 confusion exploited By Cointelegraph

Jun 10, 2022


Optimism loses 20M tokens after L1 and L2 confusion exploited

The honeymoon interval for the Optimism layer-2 scaling resolution has been minimize quick, as an exploit in its market maker’s sensible contract led to the lack of 20 million OP tokens.

The exploit happened on Might 26 however has solely simply been reported to the neighborhood. A million tokens valued at about $1.3 million have been offered on Sunday. An extra 1 million tokens valued at about $730,000 have been transferred to Vitalik Buterin’s tackle on Optimism earlier at the moment at 12:26 am UTC. The remaining tokens are dormant for now however could possibly be offered at any time or used to sway governance choices.