Decoding Optimism’s 36% crash and what went on behind the scenes

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 […]