DEX accidentally hits kill switch on mainnet, locking 660,000 USDC inside
The deployment of a program upgrade went terribly wrong as a fateful “Solana program close” command stopped OptiFi’s platform indefinitely.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The deployment of a program upgrade went terribly wrong as a fateful “Solana program close” command stopped OptiFi’s platform indefinitely.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
PNC Bank Lets Corporate Clients Accept USDC Payments in New Coinbase-Powered Pilot
PNC Bank has opened a pilot that lets eligible clients of its Corporate and Institutional Banking unit get paid in USDC, a stablec...
Walt Launches Standalone Crypto App After Years Inside Telegram
The wallet platform that grew up inside Telegram is trying to become a destination in its own right. Walt, previously branded Wall...
Monad Is Now a Settlement Option in Visa’s Stablecoin Program
Monad, a Layer 1 (base-layer) blockchain, is now one of the networks that banks and payment firms in Visa’s stablecoin settlement...
Ethereum’s Glamsterdam Upgrade Stalls on Gas-Change Risks to Live Contracts, Pending Audits
The Ethereum Foundation (EF) is asking Ethereum’s core developers not to decide the next step for Glamsterdam, the network’s next...
PNC and Coinbase Launch USDC Payments Pilot: What Changes for Businesses?
PNC’s USDC payments pilot offers a practical version of crypto adoption: a business can receive a stablecoin payment and end up wi...
Hyperliquid Strategies Reports 38.5M HYPE Treasury After $802M Deployment
TL;DR: Hyperliquid Strategies says its HYPE token treasury reached 38.5 million tokens at September 30 after a quarter in which it...