Olympus DAO Hacked for 30,000 OHM Worth $300,000, Perpetrator Returns Funds Within Hours

October 21, 2022 The Daily Hodl

Olympus DAO Hacked for 30,000 OHM Worth 0,000, Perpetrator Returns Funds Within Hours

Altcoins

The hacker who exploited an Olympus DAO (OHM) smart contract for $300,000 worth of assets is already returning the stolen funds. According to blockchain security analytics firm PeckShield, an error in one of Olympus DAO’s smart contract bonds resulted in a $292,000 exploit earlier today. “It seems the related OlympusDAO’s BondFixedExpiryTeller contract has a redeem() […]

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Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO

October 21, 2022 Bitcoin.com

Hacker Siphons Close to 0K in OHM Tokens From the Olympus DAO

89% down

On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]

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These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022

August 9, 2022 Bitcoin.com

Bitcoin

On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin and the token yearn […]

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Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months

July 11, 2022 Bitcoin.com

Rebase Token Economy Dropped From Billion to 7 Million in 7 Months

90% losses

Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%, and wonderland is down 99.8% from its ATH. […]

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Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs

April 16, 2022 Bitcoin.com

algorithmic rebase coins

About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market valuation last November, but after […]

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A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022

April 6, 2022 Bitcoin.com

2022

The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top 30 […]

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Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx

January 27, 2022 Bitcoin.com

ampleforth (AMPL)

While reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two weeks, rebase tokens like wonderland (TIME), and Olympus (OHM) have seen massive losses. Wonderland is down more than 96% since the crypto asset’s all-time high (ATH), and OHM is down over 95% since […]

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Crypto Trader Tyler Swope Is Bullish on Several Altcoin Projects As End of 2021 Approaches

November 27, 2021 The Daily Hodl

Altcoins

Crypto investor Tyler Swope is unveiling his top altcoins as volatility rattles the overall crypto markets. In a new video, Swope tells his 298,000 YouTube subscribers that his number one altcoin is decentralized reserve currency OlympusDAO (OHM). “In a short amount of time, it’s become one of the most diversified, non-protocol token treasuries in crypto… […]

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Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days

November 6, 2021 Bitcoin.com

Altcoins

In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3% in 30 days. The largest stablecoin by […]

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An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM

November 1, 2021 Bitcoin.com

bitcoin.com

In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency backed only by what’s held in the Olympus DAO treasury. OHM may not be […]

OHM

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