Tag: Compensate
DeFi platform KiloEx to compensate users impacted by $7.5M hack
Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform [...]
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control of the [...]
DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday.
www.coindesk.com [...]
BitKeep remains on track to fully compensate victims of $8M APK exploit
According to an official Telegram statement on March 1, Singaporean cross-chain crypto wallet developer BitKeep says it has reimbursed 50% of user ass [...]
Binance Closed Derivative Positions of Some Australian Users, Will Compensate Them for Losses
Binance's futures trading products were offered to only licensed participants in the region.
www.coindesk.com [...]
FTX to Compensate API Phishing Victims With as Much as $6M
Cryptocurrency exchange FTX has agreed to reimburse victims of this weekend's phishing attack with as much as $6 million.
www.coindesk.com [...]
CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business
CoinFLEX's plan needs to be voted on by its depositors, and nothing has been finalized. The exchange said it plans to host a video session next week t [...]
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
South Korean crypto investment company Uprise plans to compensate investors for damages incurred during its futures bet on Luna Classic (LUNC) — a tok [...]
Global GPU price drops to compensate for falling Bitcoin mining revenue
As a direct result of falling Bitcoin (BTC) prices, total revenue earned by miners in transaction fees and mining rewards dropped to its one-year lows [...]
Axie Infinity to compensate Ronin exploit victims and relaunch bridge
Sky Mavis, the creator of the play-to-earn game Axie Infinity, announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge [...]
‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO
On Wednesday, Nikhil Rathi, CEO of the United Kingdom's Financial Conduct Authority, or FCA, issued the following statement to the Treasury Committ [...]
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi sc [...]
Biden Signs Bill to Compensate ‘Havana Syndrome’ Victims
President Biden signed into law on Friday a new government program to compensate C.I.A. officers, State Department diplomats and other federal offi [...]

Rari Capital allocates $26M from developer fund to compensate hack victims
Following a $10 million exploit over the weekend, decentralized finance protocol Rari Capital is formulating a plan to compensate victims.In keepin [...]

Frozen Libyan property won’t be used to compensate IRA victims
Simon Hoare, the chairman of the Northern Eire Affairs Committee, stated the federal government's announcement "will probably be a bitter blow to t [...]