Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
The Base ecosystem Bloom project said it has recovered 90% of the funds stolen in the attack

The Base ecosystem Bloom project said it has recovered 90% of the funds stolen in the attack

CointimeCointime2024/05/10 01:19
By:Cointime

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.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x CNPY: Trade to share 75,000 USDC

Bitget Announcement2026/09/08 13:00

New spot margin trading pair — CP/USDT, SOPH/USDT!

Bitget Announcement2026/09/08 11:00

Futures elite trader leaderboard fully upgraded

Bitget Announcement2026/09/08 03:06

Bitget to list Pons (PONS)

Bitget Announcement2026/09/07 11:00