BTC $84,637.32 -1.49%
ETH $2,678.13 -1.86%
BNB $766.26 -1.43%
XRP $1.49 -2.55%
SOL $119.58 -1.86%
TRX $0.3351 +0.26%
DOGE $0.0929 -3.24%
ADA $0.2457 -3.78%
BCH $310.12 -1.29%
LINK $14.10 -2.37%
HYPE $88.29 -2.23%
AAVE $179.15 -3.31%
SUI $1.14 -2.79%
XLM $0.2150 -3.50%
ZEC $1,315.39 -4.75%
AAPL $333.34 +0.68%
AMZN $251.79 +1.10%
GOOGL $343.79 +1.11%
MSFT $517.71 +0.36%
META $727.71 +0.01%
NVDA $234.22 +1.03%
TSLA $370.79 +4.17%
SNDK $1,717.98 -3.83%
INTC $118.10 -2.03%
SPCX $158.96 +6.55%
MU $1,067.03 -2.35%
AMD $632.70 +2.25%
BTC $84,637.32 -1.49%
ETH $2,678.13 -1.86%
BNB $766.26 -1.43%
XRP $1.49 -2.55%
SOL $119.58 -1.86%
TRX $0.3351 +0.26%
DOGE $0.0929 -3.24%
ADA $0.2457 -3.78%
BCH $310.12 -1.29%
LINK $14.10 -2.37%
HYPE $88.29 -2.23%
AAVE $179.15 -3.31%
SUI $1.14 -2.79%
XLM $0.2150 -3.50%
ZEC $1,315.39 -4.75%
AAPL $333.34 +0.68%
AMZN $251.79 +1.10%
GOOGL $343.79 +1.11%
MSFT $517.71 +0.36%
META $727.71 +0.01%
NVDA $234.22 +1.03%
TSLA $370.79 +4.17%
SNDK $1,717.98 -3.83%
INTC $118.10 -2.03%
SPCX $158.96 +6.55%
MU $1,067.03 -2.35%
AMD $632.70 +2.25%

Bloom: 90% of the stolen funds have been recovered, and the compensation plan for affected LPs will be completed within 48 hours

2024-05-10 08:37:30

ChainCatcher message, the Blast ecosystem project Bloom announced that it has successfully recovered most of the funds that were previously stolen. The Bloom team stated that after paying a 10% bug bounty, they have recovered $486,000 of the stolen amount, which is 90% of the total ($540,000). All recovered funds will be redistributed to liquidity providers.
Bloom will complete the compensation plan for affected LPs within 24 to 48 hours and will release a detailed post-mortem analysis report regarding the reset yield-related vulnerability tomorrow, while upgrading the reset yield feature to address extreme situations.

app_icon
ChainCatcher Building the Web3 world with innovations.