An anonymous trader claims to have lost over $1 million in LIBRA due to a hard fork by the 0L Network team that was not approved by the community
An anonymous trader known as NN claimed to have lost over $1 million in cryptocurrency due to an unauthorized hard fork by the 0L Network (LIBRA) team. NN stated that the team behind 0L Network forked to fix a vulnerability that had been present for over two years and was not considered malicious, resulting in a 4% decrease in the total supply of LIBRA and the destruction of tokens purchased by innocent wallets almost two years prior. The anonymous trader claimed to have purchased 147 million LIBRA tokens in February 2023, worth approximately $1.47 million at the time, and later joined the protocol to assist with marketing efforts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP rallies 83% in a week to hit $1 as Vantard’s presale approaches $850k
Flash Monday: Buy crypto with a credit/debit card for zero fees
Every Monday, enjoy zero fees when using your local fiat currency with a credit or debit card ( Visa, Mastercard, Google Pay Apple Pay)! Buy Crypto Promotion period: Every Monday 8:00 PM – Tuesday 8:00 PM (UTC+8) Promotion rules Sign up for a Bitget account or log in to your existing account. Navig
How Long Will Bitcoin Price Continue to Climb? Analytics Company Gives Date from Price Model
Cryptocurrency analysis company Alphractal has predicted how high the Bitcoin price will continue to grow.
Prominent Analyst Responds to “Dogecoin Can’t Go Any Higher” Rumors – Sets Price Target
Cryptocurrency analyst Ali Martinez evaluated the Dogecoin price in his statement and gave a price target.