Friday, November 22, 2024
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Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork

After launching via a Discord channel on Oct. 28, AnubisDAO went on to raise roughly 13,256.4 ETH using Alchemistcoin’s liquidity bootstrapping protocol (LBP) Copper. However, the funds were unexpectedly sent to a different address roughly 20 hours into the LBP.CNBC spoke to one investor who claims to have lost almost

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OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps

A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental project dubbed Range comprising decentralized stablecoin pools that do not use a price curve. The programmer described Range

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