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cypher – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 15 May 2024 01:16:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png cypher – DIGIT INFO https://www.digit.info 32 32 Cypher core contributor admits to stealing $260K and gambling it away https://www.digit.info/cypher-core-contributor-admits-to-stealing-260k-and-gambling-it-away/ Wed, 15 May 2024 01:16:02 +0000 https://www.digit.info/2024/05/15/cypher-core-contributor-admits-to-stealing-260k-and-gambling-it-away/

The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”

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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage https://www.digit.info/cypher-announces-recovery-plan-says-it-will-socialize-losses-in-initial-stage/ Wed, 23 Aug 2023 21:45:21 +0000 https://www.digit.info/2023/08/23/cypher-announces-recovery-plan-says-it-will-socialize-losses-in-initial-stage/

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.

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