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fund recovery – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 25 Sep 2024 16:53:00 +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 fund recovery – DIGIT INFO https://www.digit.info 32 32 South Korean foundation to recover funds from defunct crypto exchanges https://www.digit.info/south-korean-foundation-to-recover-funds-from-defunct-crypto-exchanges/ Wed, 25 Sep 2024 16:53:00 +0000 https://www.digit.info/south-korean-foundation-to-recover-funds-from-defunct-crypto-exchanges/

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

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]]> Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack https://www.digit.info/wazirx-rolls-out-socialized-loss-strategy-across-all-users-post-230m-cyberattack/ Sat, 27 Jul 2024 14:05:22 +0000 https://www.digit.info/wazirx-rolls-out-socialized-loss-strategy-across-all-users-post-230m-cyberattack/ Read more]]> Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M CyberattackIndian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while the remaining 45% will be converted to USDT-equivalent tokens and locked. “The fastest way to open the platform […]

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]]> Rho Markets returns online with no funds lost after $8M Oracle issue https://www.digit.info/rho-markets-returns-online-with-no-funds-lost-after-8m-oracle-issue/ Mon, 22 Jul 2024 05:35:43 +0000 https://www.digit.info/rho-markets-returns-online-with-no-funds-lost-after-8m-oracle-issue/

The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit.

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