Illustrates the successful GMX compensation payout, showing digital assets being secured and restored after a blockchain exploit.
Blockchain News

GMX Compensation: Crucial $44M Payout Finalized for GLP Holders After V1 Exploit

The decentralized finance (DeFi) sector often faces challenges. However, it also demonstrates remarkable resilience. Recently, GMX, a leading decentralized exchange, announced a significant milestone. It finalized a **GMX compensation** plan. This plan provides $44 million to **GLP holders** impacted by its V1 vulnerability. This crucial payout underscores a commitment to user security. It also reinforces […]

Radiant Capital's compensation plan for exploit victims on Arbitrum and BNB Chain
Blockchain News

Radiant Capital Unveils Bold Compensation Plan for Exploit Victims on Arbitrum and BNB Chain

In a decisive move to restore trust, Radiant Capital DAO has rolled out a community-driven compensation plan for users impacted by last October’s exploit on Arbitrum and BNB Chain. This initiative targets two key groups: lending market depositors and users affected by unlimited token approvals to the compromised contract. Here’s what you need to know. […]

Uncategorized

Coinbase CLO and Robinhood CLO Earn Lucrative $8M+ Compensation in 2024

In the fast-paced world of cryptocurrency and fintech, navigating complex legal and regulatory landscapes is paramount. This vital role is reflected in the compensation of top legal executives, particularly concerning **Crypto Executive Pay**. Recent reports highlight the significant earnings of the Chief Legal Officers (CLOs) at two major U.S. platforms: Coinbase and Robinhood. How Much […]

Bitcoin News

Coinbase Compensation: Major Relief Expected After Cyberattack – Up to $400M Set Aside

In significant news for the cryptocurrency community, crypto exchange giant Coinbase is preparing to address the fallout from a recent security incident. The platform is expected to allocate a substantial sum – potentially up to $400 million – for **Coinbase compensation** to users affected by a recent cyberattack. This move aims to cover remediation costs […]

Blockchain News

KiloEx Set for Secure Relaunch Following $7M Hack

The world of decentralized finance (DeFi) can be exciting, offering new ways to trade and interact with digital assets. However, it also comes with risks, as highlighted by recent events. KiloEx, a prominent decentralized exchange, faced a significant challenge with a $7 million hack. Now, the platform is preparing for a crucial return. Understanding the […]

Blockchain News

Bitget’s Swift Action: Compensating Users After VOXEL/USDT Trading Snafu

In the fast-paced world of cryptocurrency trading, even established exchanges can face unexpected turbulence. Recently, Bitget, a prominent crypto exchange, encountered an anomaly in its VOXEL/USDT perpetual futures trading. The exchange has taken a proactive and commendable step by initiating a comprehensive Bitget compensation process to address the concerns of affected users. Let’s delve into […]