The Base ecosystem Bloom project said it has recovered 90% of the funds stolen in the attack
On May 10th, Bloom, a decentralized derivatives exchange on the X platform, announced that they have recovered $486,000 (minus 10% for bug bounties) out of the total funds utilized ($540,000). All of these funds will be redistributed to limited partners. 10% of the bug bounty has been agreed upon in exchange for not pressing charges against those who exploited the bug. A compensation plan for limited partners affected by the bug will be completed within the next 24-48 hours. Funds are safe and there is currently no need to revoke contract access.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Almost 90% ot Airdrop Tokens Crash Within Three Months
Announcement on Resumption of FTM Network Deposit and Withdrawal Services
We are pleased to announce that FTM network deposit and withdrawal services are available again on our platform. We apologize for any inconvenience caused during the suspension period! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter
$10 – $20 RIO ATH Price Possibility Comes Into Play as Bullish Inverted Head and Shoulders Pattern Forms
$66,000 BTC Price Nears as Bulls Take Full Control, Bitcoin Races Towards Next $68,000 Crucial Resistance Level