New Move from Allbridge Under Crypto Attack - Coinleaks
Current Date:November 6, 2024

New Move from Allbridge Under Crypto Attack

Multi-chain token bridge Allbridge, which was recently hacked by crypto, is starting to refund stuck bridge users.

Allbridge recently. by hacking, within the company There was a commercial loss of 537 thousand dollars. . As of April 4, the crypto attacker ” White Hat Awardyour offer acceptance byIt was stated that an agreement was reached with Allbridge .Moreover AllbridgeFor the vast majority of the approximately $573,000 stolen from . White Hat AwardIt was reported that his return was started after he accepted the offer. Compensation with the process relating to informations“Shortly before the system shuts down” on the bridge money remainder usersfor next week back payments to do is planned.

Announcement for Users from Allbridge

First, after the funds have been redeemed jammed bridge to its users back payment to do will beginAllbridge, who was the first, touched on the details on the subject. Allbridgeon the multi-chain token bridge provided by users with captive funds,is in the first place to receive compensation under a recovery plan released by the project following a recent abuse.

In a statement released on April 5, Allbridge said that after being hacked for approximately $573,000 on April 1, only “ funds partially to the rescueHowever, he stated that he has already initiated a compensation process for users.