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Optimism Token Flash Crashes 10% on False Rumors of a Major Hack

The layer 2 system’s token fell 10% on Wednesday before rebounding to its pre-crash price after its team clarified it had not been hacked for $450 million.

Optimism co-founder Jinglan Wang (Brady Dale for CoinDesk)
Optimism co-founder Jinglan Wang (Brady Dale for CoinDesk)