Galxe announces $396,000 refund to affected users following DNS attack | Headlines | News | CoinMarketCap
10/11/2023 17:19
In the aftermath of a major DNS attack last week, the web3 credentials and rewards platform Galxe has taken steps to reassure its community by …
In the aftermath of a major DNS attack last week, the web3 credentials and rewards platform Galxe has taken steps to reassure its community by announcing a refund of just over $396,000 to over 980 impacted users — and an additional 10% on the lost funds.
The attack left numerous users vulnerable as hackers exploited a DNS hijack, redirecting visitors to Galxe’s official website to a malicious phishing site. This incident compromised user funds, prompting Galxe to swiftly devise a comprehensive recovery plan. “To the users who were affected, we recognize the impact of this security incident and have created a comprehensive recovery plan to make you whole,” Galxe stated.
Users who incurred losses are promised compensation in USDT on the Polygon network, valued as of Oct. 9, 3 a.m. PT. In …