The Cryptocurrency Community Breathes a Sigh of Relief after DefiLlama Founder Clarifies No Hack Happened

On March 20th, 0xngmi, the anonymous founder of DefiLlama, an online data analysis website, posted a message on social media to clarify that nothing on the platform had been hacked, including the DEX aggregator. Users don’t need to panic. The only problem currently is that the people who control the DefiLlama domain name and official tweets are pushing for the issuance of DefiLlama tokens, and none of the rest of the team wants to do so.

0xngmi: DefiLlama has not been hacked, so users do not need to panic

When a popular cryptocurrency website releases a notification about being hacked, it creates chaos in the crypto community. After all, security breaches are not uncommon in the cryptocurrency world. Many investors and traders become paranoid about the safety of their digital assets. Fortunately, this was not the case with DefiLlama on March 20th, 2022.

DefiLlama and the Anonymous Founder

DefiLlama is an online data analysis platform that serves as a DEX aggregator. It has been gaining popularity with investors and traders as it enables them to analyze the liquidity of various protocols on the decentralized finance market in real-time. The anonymous founder of DefiLlama, 0xngmi, has been synonymous with the platform’s success. 0xngmi made a name for themselves as a trustworthy data provider with no ulterior motives.

The Continuous Success Story of DefiLlama

DefiLlama’s success story began when the platform’s founder noticed the liquidity of different protocols in the decentralized finance market wasn’t transparent. It was difficult for traders and investors to understand the volume of liquidity on various DEX platforms. DefiLlama was created out of the need to provide a reliable source of data that allowed traders and investors to make informed decisions on DEX platforms. Since then, the platform has gained a steady following and continues to attract new users.

No Hack on DefiLlama

On March 20th, 2022, rumors were floating around the cryptocurrency community that DefiLlama had been hacked. The anxiety among the users grew, and so did the social media buzz. However, things cleared up when the anonymous founder of DefiLlama posted a message on social media platforms stating that the website had not been hacked, and users did not need to panic. All the data on the platform was secure, and investors’ assets were safe.

The Controversy

The only problem on DefiLlama’s horizon was the controversy around the issuance of DefiLlama tokens. The control of the DefiLlama domain name and official tweets were pushing for the issuance of new tokens, but the rest of the team members were against it. This had sparked a debate among the team, and the controversy had spilled onto social media.

The Reaction of the Cryptocurrency Community

The clarification of no hack on DefiLlama by the anonymous founder was a sigh of relief for traders and investors. Many had been anxious about their digital assets’ safety, but the news of no hack put their minds at ease. The community also appreciated 0xngmi’s transparency regarding the issuer of new DefiLlama tokens, stating that the founder had been nothing but honest about their intentions since the beginning.

Conclusion

DefiLlama is an essential platform for investors and traders in the decentralized finance market. The anonymous founder 0xngmi has been synonymous with trustworthiness and transparent intentions. The news of no security breach and the platform’s safety has put many cryptocurrency investors and traders’ minds at ease.

FAQs

Q1. What is DefiLlama?

A1. DefiLlama is an online data analysis platform that serves as a DEX aggregator, allowing traders and investors to analyze the liquidity of various protocols on the decentralized finance market in real-time.

Q2. When did the rumor of DefiLlama being hacked surface?

A2. The rumor of DefiLlama being hacked surfaced on March 20th, 2022.

Q3. What was the controversy on DefiLlama’s horizon?

A3. The controversy around the issuance of new DefiLlama tokens was on the platform’s horizon. The control of the DefiLlama domain name and official tweets were pushing for the issuance of new tokens, but the rest of the team members were against it.