The Incident at OptiFi - how a developer destroyed a company with one command

Optifi, a platform providing blockchain-based trading solutions, has published an incident report detailing the mishap that occurred on August 29, 2022. The article thoroughly outlines the technical problems encountered and their impact on users. The primary causes of the incident included coding errors and unforeseen interactions within the environment. The Optifi team responded promptly, focusing on repairs and implementing fixes aimed at securing the platform against similar incidents in the future. Additionally, the article highlights changes in procedures and introduces new security measures in line with the findings from this event.