– Advertisement – Edward Kim Submits 296M LUNC Community Spend Proposal To Reimburse Lost Fees. Kim wants the community to reimburse those who lost fees when the network experienced challe...
Tag: Reimburse
Judge orders Celsius to reimburse $50 million to crypto investors
A U.S. bankruptcy judge has ordered Celsius Network, a defunct crypto lender, to reimburse $50 million worth of crypto to custodial account holders. Celsius Custody account holders finally have justic...
FTX ordered to indemnify and reimburse Bahamas for assets safekeeping
Bahamas Supreme Court on Nov. 21 ordered bankrupt crypto exchange FTX to indemnify and reimburse the Securities Commission of Bahamas (SCB) for expenses it will incur while safekeeping its digital ass...
FTX Announces Downsizing In Alameda, Promises To Reimburse Users
Sam Bankman Fried, CEO at FTX, explained the current state of the crypto exchange platform and their efforts to make users whole. The trading venue collapses after facing a “liquidity crunch” and halt...
FTX to Reimburse $6M to 3Commas Phishing Attack Victims
At least three FTX users found millions missing from their accounts due to a phishing attack API provider 3Commas discovered several fake websites were used to phish its users FTX CEO Sam Bankman-Frie...
FTX Recovery Plan Could Reimburse 72% of Voyager Users’ Funds
Following a successful bid to acquire the remaining assets of the bankrupt crypto broker Voyager, crypto exchange FTX.US is offering a recovery plan that would return about 72% of Voyager customer fun...
Brazil’s ‘Bitcoin Pharaoh’ Ordered to Reimburse Conned Investors With $3.7B (Report)
The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more than...
Waves Community Backs Plan to Reimburse $500M of Lost DeFi Funds
The community behind blockchain protocol Waves has voted to reboot non-custodial lending protocol Vires.Finance following the depegging of the Waves stablecoin USDN back in April. At that time, the d...
Harmony to Reimburse the Community by Minting 4.97B Tokens, Creating Controversy
Harmony lost $100 million in Ether due to the bridge exploit one month ago. However, the Harmony to reimburse 4.97 billion drives a backlash. The Harmony developers have begun considering compensating...
Harmony Faces Criticism after Offering to Reimburse Community by Minting Billions of Tokens
In the proposal posted via the protocol’s community page, Harmony developers revealed that over 14 different asset classes worth close to $100 million were stolen from 65,000 wallets. The Harmony pro...
Harmony (ONE) Proposes Minting New Tokens to Reimburse Hack Victims
The team behind the Harmony protocol has announced a potential reimbursement plan for victims of the Horizon bridge hack that includes minting over 2 billion ONE tokens. The community has presented tw...
Backlash as Harmony proposes minting 4.97B tokens to reimburse victims
The team behind the Harmony blockchain project has proposed the minting of up to 4.97 billion worth of its native token ONE to compensate victims of the $100 million Horizon Bridge hack in June. The ...
Harmony seeks to reimburse $100M hack victims with ONE tokens
The Harmony (ONE) team has announced a proposal that seeks to have victims of the Horizon bridge hack reimbursed using the blockchain network’s native token ONE. The reimbursement plan, the team said,...
Harmony Proposes Issuing ONE Tokens to Reimburse Victims of $100M Hack
“The Horizon bridge incident resulted in the loss of $99,340,030.00 worth of digital assets across approximately 65,000 wallets and 14 different asset types,” the developers said Wednesday in a propos...
Harmony Offers to Reimburse Community By Minting Billions of Tokens, Sparking Backlash
A month has passed since the bridge exploit that saw Harmony lose $100 million worth of Ether, and the subsequent decline of their Whitehat offer for the return of funds. As a result, the Harmony devs...
Court Documents Reveal Voyager’s Plan To Reimburse Customers, But There Is A Catch
– Advertisement – Voyager Customers Are Not Likely To Get Full Compensation. Court documents filed by temporarily defunct crypto lender Voyager have revealed that the firm is not likely ...
Optimism’s Quixotic Hacked, Promises to Reimburse All Affected Users
Quixotic – an NFT marketplace that runs on Optimism – revealed that wrongdoers breached its security and drained ERC-20 tokens. The organization assured that users with stolen assets will be reimburse...
Axie Infinity Developer to Reimburse Ronin Hack Victims
Sky Mavis, the developer of the play-to-earn game Axie Infinity, has announced it will reimburse victims of the Ronin bridge hack and relaunch the bridge next week. Attackers stole more than $620 mill...
Axie Infinity developer to reimburse users June 28 after losing $620m in hack
A hack in March caused Sky Mavis Inc., the developer of the play-to-earn computer game Axie Infinity (AXS), to lose more than $620 million. The company behind the popular metaverse game has said that ...
Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers
Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack. He details a recovery plan that includes giving the new bl...
Crypto Weekly Roundup: Bitcoin Miami Conference, Binance To Reimburse Users, Terra & Avalanche Join Forces, And More
This week’s leading story in crypto is the Bitcoin 2022 conference, which has attracted prominent crypto industry experts and enthusiasts who are flocking to Miami, further establishing the city...
Axie Infinity creator raises $150M led by Binance to reimburse stolen funds
Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance. The fundraiser is aimed at reimbursing lost fund...
Sky Mavis raises $150 million to reimburse Ronin hack victims
The $600 million exploit, disclosed last Tuesday, saw a hacker steal 173,600 ether and 25.5 million in USDC stablecoin from the game a week prior, making it one of the largest ever exploits in the cry...
Axie Infinity’s Ronin Network Vows to Recover or Reimburse Victims of $600,000,000 Exploit
The developers behind the Axie Infinity (AXS) bridge that was hacked for over $600,000,000 ago say they will recover or reimburse of all the stolen funds. In an updated newsletter, Axie Infinity’s Ron...
Axie Infinity Owner Promises to Reimburse Players After Massive Hack
Alex Dovbnya The company behind hit game Axie Infinity is working on a reimbursement solution after suffering a crippling hacking incident Sky Mavis, the company behind blockchain-based game Axie Infi...
Li Finance DeFi Protocol Loses $600k to Hackers, Promises to Fully Reimburse Users – crypto.news
Li Finance (LiFi) protocol is the latest decentralized finance (DeFi) platform to fall victim to hackers. A loophole in LI.FI’s pre-bridge swap smart contract was exploited by the rogue actor, enablin...
Manchester police catch cryptocurrency thieves, reimburse victims
TL;DR Breakdown • Officers in Manchester refund some £4m linked to scams.• GMP asks crypto enthusiasts to beware of scammers. The Manchester police have reimbursed about £4m to crypto scam victims. Th...
Multichain recovers $2.6M stolen funds, to reimburse losses on condition
After a month-long fight against an ongoing exploit, cross-chain router protocol Multichain announced the recovery of nearly 50% of the total stolen funds, worth nearly $2.6 million of cryptocurrencie...
Approximately $34 Million In BTC, ETH Now Washed Off Crypto.com, Exchange Vows To Tackle Loopholes, Reimburse Victims ⋆ ZyCrypto
Advertisement     Close to 500 Crypto.com accounts were accessed, bypassing owner 2FA. Crypto.com computes total losses at 443.93 BTC and 4,836.26 ETH, including other...