ChainCatcher news, according to official sources, Radiant Capital announced that the new DAO Community Committee officially took office 60 days ago, tasked with the responsibility of rebuilding the protocol after the attack incident on October 16 last year. All on-chain markets of Radiant Capital have been relaunched.During this period, the DAO has made several key advancements: all core and RIZ markets have been relaunched, and the economic mechanisms and reserve strategies have been optimized; a community-led compensation plan has been established, promising to compensate the damaged funds on a 1:1 basis through long-term contracts, prioritizing the compensation issues of small users; the method of raising compensation funds has been clarified through governance voting.In addition, the DAO has also restructured its organizational framework, optimized team division of labor and vendor management, reduced costs, and improved execution efficiency.

ChainCatcher message, Virtuals announced that the Genesis project playgameAI attempted malicious operations during the Genesis Launch period, trying to profit from the situation, deceive users, and undermine trust.In response to this incident, the Virtuals Protocol has made the following decisions:The launch of playgameAI will be permanently halted.A compensation plan has been initiated to compensate affected users.A reminder that the Virtuals Protocol will never ask users to transfer funds through unofficial channels.

ChainCatcher news, according to KiloEx announcement, for the security incident that occurred between April 14, 18:27 to 19:40 UTC, the platform will launch differentiated compensation measures for affected users. Traders will receive full compensation for reduced profits or increased losses during the downtime, and it is recommended to close positions as soon as possible after the platform resumes; Hybrid Vault stakers will not lose their principal and earnings, and can participate in the 10% annualized additional earnings activity from April 24 to May 24; VIP users will receive a level +1 reward and a 30-day VIP protection period.

ChainCatcher message, Gate.io has issued a statement regarding the abnormal display of platform contracts today, indicating that it will provide compensation channels for affected users.

ChainCatcher news, according to official information, KiloEx announced on April 15 regarding the progress of the hacking incident that it has reported to the Hong Kong police and filed a case, and is cooperating with the Criminal Investigation and Cybersecurity departments for investigation. Some information related to the hackers has been obtained. Meanwhile, KiloEx has collaborated with the security company SlowMist to submit a detailed incident report, which will be publicly released when the time is right.The security vulnerability has been fixed, and there is currently no risk of position liquidation. All positions will be settled at the snapshot price before the incident. KiloEx is formulating a compensation plan and raising funds, and the Vault function will gradually resume after the plan is implemented, ensuring the safety of user funds.The hackers have not yet moved the stolen funds. KiloEx has repeatedly sent messages on-chain requesting the return of 90%, but has not received a response so far. The related addresses have been jointly blocked in coordination with multiple DeFi protocols and CEX.In response to rumors about internal involvement, KiloEx solemnly clarifies: the police and SlowMist have fully intervened in the investigation and obtained all internal data. If there are internal issues, the case will not be filed.

ChainCatcher news, according to official information from GoPlus Security, GoPlus Security has completed the distribution of a $2 million additional compensation plan to eligible Binance users. This compensation plan targets users who made net purchases on the Binance platform between March 4, 21:00:00 and March 5, 17:55:59 (UTC+8).GoPlus Security stated that all compensation funds have been successfully distributed to the Binance accounts of eligible users, and the entire compensation process is open and transparent. The company will continue to collaborate with Binance to enhance market stability.

ChainCatcher message, zkLend announced a compensation plan. Deposits in unaffected pools are expected to receive full refunds, while deposits in affected pools will receive partial refunds and zkLend will restore the claims positions of the pools, with the withdrawal process expected to begin within 2 weeks after the review of the claims portal.Repayments will be fully covered by the available liquidity in each unaffected pool. If there is a shortfall in any unaffected pool (due to relatively high utilization), the remaining liquidity from other unaffected pools will be used to cover the shortfall. All accumulated surpluses from unaffected funds will be liquidated and proportionally distributed to each affected fund, with partial repayments being made based on the remaining liquidity of each fund plus such redistributed (socialized) surpluses proportionally.zkLend stated that after team contributions, the total funding gap has been reduced to approximately $9,013,101.72323417.

ChainCatcher message, zkLend has released a post-incident analysis of the security event on platform X, which indicates that zkLend was attacked starting from February 11, resulting in a loss of approximately $9.6 million:Before considering restarting the protocol, the security team and auditors will deploy security patches and conduct a thorough review.Continue to collaborate with zeroShadow to trace further fund flows.Regularly provide the community with transparent updates, informing them of the progress of the situation and the measures taken to protect user funds.Subsequently, collect community suggestions and feedback to formulate a fair and appropriate compensation plan.

ChainCatcher message, Phemex announced on platform X that to ensure safety, we are conducting an emergency inspection and strengthening wallet services, therefore the withdrawal function is temporarily suspended. We are currently formulating a compensation plan, which will be announced soon. Thank you for your understanding and continued support. Business operations are running smoothly. Trading services continue as usual.ChainCatcher previously reported, Cyvers Alerts stated on platform X that the system detected multiple suspicious transactions involving hot wallets across several chains, with digital assets worth over 29 million dollars currently transferred to suspicious addresses on chains such as BNB, ETH, OP, POL, BASE, and ARB. These addresses have begun exchanging assets for ETH.

ChainCatcher message, based on the chain abstraction infrastructure Cycle Network, has developed a full-chain revenue-generating game Golden Goose, launching a compensation plan for TikTok "refugees" in the United States, offering a brand new revenue model. Every TikTok user will receive an on-chain honor medal and claim an exclusive airdrop, helping users quickly enter the Web3 ecosystem.The TikTok mini-app of Golden Goose has attracted over 300,000 new users in Latin America, starting with Brazil. The platform achieves a seamless transition from Web2 to Web3 by automatically generating full-chain accounts, allowing users to enjoy high returns and unlock rewards through fun blind boxes and nurturing systems.In addition, Golden Goose plans to expand to the Japanese and Southeast Asian markets, bringing new revenue opportunities and participation chances to over 3 billion TikTok users worldwide, becoming a bridge connecting traditional social platforms with the blockchain world.

ChainCatcher news, the algorithmic stablecoin protocol Nirvana Finance announced that its V2 version will officially open to the public at 2 AM Beijing time on December 18 (UTC time December 17 at 6:00 PM). This restart not only completes the full compensation for the victims' funds from the 2022 hacking incident but also introduces a brand new security, governance, and token economic model.In addition, Nirvana V2 has launched a Market Driven Minting (MDM) framework, which ensures that the token ANA has upside potential and limited downside risk through a reserve-backed price floor mechanism. The protocol also plans to gradually expand to assets such as BTC and SOL.Previous news, former security engineer Shakeeb Ahmed was sentenced to 3 years in prison by U.S. District Judge Victor Marrero for attacking two decentralized cryptocurrency exchanges and stealing over $12 million worth of cryptocurrency. This is the first conviction case related to smart contract hacking.In July 2022, Ahmed attacked a cryptocurrency exchange using false pricing data and stole approximately $9 million worth of cryptocurrency. Subsequently, he attacked Nirvana Finance, exploiting a vulnerability in its smart contract to purchase cryptocurrency at a price lower than that set by the contract and sell it to Nirvana at a higher price, stealing nearly all of Nirvana's $3.6 million funds, which led to its closure shortly after being hacked.

ChainCatcher message, OKX stated that during the opening phase of the OKSOL/USDT and OKSOL/SOL spot trading pairs today, due to the lack of limit pricing for the related currency pairs, concentrated buying by some users caused a severe decoupling of the prices of OKSOL and SOL, resulting in user losses.To protect user interests, full compensation will be provided to users who purchased OKSOL at a premium (including the OKSOL/USDT and OKSOL/SOL trading pairs). The specific compensation plan and details will be announced as soon as possible, please pay attention to subsequent announcements.

ChainCatcher news, according to X Daily News, a Delaware Chancery Court judge has again dismissed Tesla CEO Musk's $55.8 billion compensation plan. The judge ruled based on the following three points:Shareholder votes cannot retroactively validate breaches of fiduciary duty, especially in transactions with conflicts of interest;Tesla did not raise the ratification argument during the trial, making it procedurally invalid;The proxy materials used to solicit votes were misleading, undermining the legitimacy of the voting.Additionally, the court also rejected Tesla's attempt to use shareholder votes as new evidence to overturn the previous ruling. The court emphasized that post-trial evidence cannot be used in this manner, as allowing such a strategy would weaken the deterrent effect of lawsuits aimed at holding corporate leaders accountable for misconduct.

ChainCatcher news, the on-chain trading terminal DEXX has released an update regarding the recent security incident: "DEXX has officially filed a lawsuit, and the SlowMist team is actively assisting law enforcement with the follow-up investigation. At the same time, DEXX is actively discussing a compensation plan. Regarding compensation, the platform makes the following solemn statement:If all assets can be recovered, DEXX will immediately provide full compensation to ensure that users' interests are not affected.If only part of the assets can be recovered, the platform will still fulfill its compensation responsibilities; the specific compensation plan will be determined based on the amount recovered. DEXX is currently mobilizing all resources and efforts to recover the stolen assets and resolve the issue as soon as possible."Previous news, according to SlowMist statistics, the DEXX incident has confirmed over 900 victims, with total losses estimated at 21 million USD.

ChainCatcher news, the FTX bankruptcy case shows that on October 7 at 10:00 AM Eastern Time (10:00 PM Beijing Time), the U.S. Bankruptcy Court in Delaware will hold a confirmation hearing for FTX's bankruptcy plan.On that day, the court will consider confirming the Chapter 11 reorganization plan proposed by FTX and its related disclosure statement plan. If the court confirms the plan, it will allow FTX to "fully pay" over 98% of customers and unsecured creditors with interest based on the dollar price of cryptocurrency assets as of November 11, 2022.In addition, according to U.S. media Protos, the payouts may be executed after three "comprehensive hearings," which aim to discuss consolidating multiple claimants into a unified category, scheduled for October 22, November 20, and December 12.Currently, there are numerous rumors on social media stating that "FTX will start payouts next week," which are untrue.

ChainCatcher news, Penpie stated that deposits and withdrawals on Penpie are still suspended as the platform is undergoing a comprehensive audit by multiple security firms to ensure a safe return to operations. BlockSec, PeckShield, and AstraSec have initiated the audit, and Penpie is in discussions with other companies. Deposits and withdrawals are expected to resume in about two to three weeks, pending the successful completion of these audits. Penpie will also collaborate with Hexagate to integrate real-time monitoring and establish an efficient, proactive response system. Penpie continues to work closely with law enforcement, security firms, partners, and key members of the crypto community (including major exchanges) to trace and freeze funds related to the hack.Additionally, Penpie is taking steps to prepare a post on the Penpie governance forum to discuss a potential compensation plan.Previous news, on September 4, Penpie was hacked, resulting in the theft of 11,113.6 ETH, valued at approximately 27.34 million USD.

ChainCatcher news, Penpie has released a report on the hacking incident, with a total of approximately $27.34 million worth of 11,113.6 ETH stolen. The attacker exploited a security vulnerability on the Penpie platform by manipulating a fake Pendle market to maximize rewards. The vulnerability is located in the batchHarvestMarketRewards() function of the PendleStakingBaseUpg contract, where the attacker manipulated the reward tokens and their quantities by re-entering the depositMarket() function and repeatedly adding new deposits from flash loans. The Penpie team responded quickly, suspending deposit and withdrawal functions, and collaborating with multiple security agencies to trace the stolen funds.Currently, the Penpie frontend has been restored, and the team is working with law enforcement to identify and apprehend the attacker. Additionally, the Penpie team is developing a compensation plan to fairly address the losses of affected users.

ChainCatcher message, WazirX released an update on social platforms regarding the recent security incident: "We thank users for actively participating in the recent voting we initiated since July 27, 2024. We want to clarify that this voting is a preliminary step to understand user opinions and is not legally binding on users or the WazirX platform.We assure users that this voting is not the final result; it is designed solely to collect user feedback, better understand user perspectives, and then take actions that are most beneficial to the community.Our team is currently reviewing all opinions to formulate a plan that truly aligns with the best interests of the community. Our goal is to develop a plan that incorporates the collective voice of users and ensures fair and effective outcomes.We are committed to enhancing transparency and will continuously improve our approach based on user suggestions.Next, we will share a feedback form that will help us better understand the direction that aligns with the best interests of the community."

ChainCatcher message, the cross-chain bridge protocol LI.FI stated on platform X that it has launched a voluntary compensation program, urging users to be vigilant when receiving emails to avoid phishing attacks. No requests will be made to connect your wallet or any links in your email, except for those related to the authentication process.In previous news, LI.FI has lost over 10 million dollars due to a vulnerability.

ChainCatcher message, the Meme project Jungle Doge (JUNGLEdoge) posted on platform X stating that due to the planned airdrop and the tokens for the exchange launch being stolen by hackers, the market has significantly declined, and user transactions have been affected. Therefore, the project team has decided to change to a new contract, establish a new liquidity pool (LP pool), and restore the market capitalization pool to its state before the theft. At the same time, the project team will implement an airdrop compensation plan. The new token has been released, and holders and liquidity providers who meet the snapshot criteria will receive a 1:1 mapped airdrop compensation.