Ethereum News

Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap dev loses job, was it worth it?

A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800.

It is understood that AzFlin developed and deployed FrensTech token (FRENS) on Coinbase’s new layer 2 blockchain Base on Aug 12 before selling the tokens raised from the liquidity shortly after.

Adams publicly confirmed the sacking of AzFlin, adding that such behaviour is neither supported nor condoned at Uniswap Labs.

The developer has mocked the situation at hand with a series of light-hearted posts along with a new X (formerly Twitter) cover photo.

AzFlin is making fun of their new unemployment status. Source: X (formerly Twitter).

AzFlin, however, claims that no rug pull was committed.

“I bought that $FRENS used to provide LP with my OWN money from the dev wallet, so I am entitled to do as I please with it. This FUD is outrageous,” they said on Aug. 12.

Not everyone is buying into AzFlin’s story though, with some applauding Adams’ decision to fire AzFlin for the alleged action:

Zuckerberg calls out Musk for dodging cage fight

Meta CEO Mark Zuckerberg says it’s “time to move on” from any talks of a potential cage fight between him and Elon Musk, accusing the Tesla CEO of making excuses and dragging his feet on any solid plans.

Zuckerberg explained in an Aug. 13 Threads post that Musk isn’t…

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