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KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.

Animoca Brands to Cover Losses of Recent Scam Victims

Animoca Brands to Cover Losses of Recent Scam Victims

Hong Kong-based Animoca Brands released a statement saying that the company will cover the losses of those who fell victim to an online scam on November 19.

Insights from the 2024 Blockchain Compensation Survey

Insights from the 2024 Blockchain Compensation Survey

Discover key findings from Pantera Capital's 2024 Blockchain Compensation Survey, exploring salary trends and employment insights within the blockchain sector.

Atomicals Market Addresses Security Breach and Announces Compensation Measures

Atomicals Market Addresses Security Breach and Announces Compensation Measures

Atomicals Market has implemented measures to restore user trust and enhance platform security following a significant security breach, emphasizing community engagement's crucial role in protocol's future.

Crypto Investors Should Expect No Compensation From Government: UK Regulator

Crypto Investors Should Expect No Compensation From Government: UK Regulator

The head of the United Kingdom Financial Conduct Authority (FCA) takes a harsh stance against victims of digital currency scams, opposing them to receive compensation from the government.

BitKeep Compensates Users After $8M Hack

BitKeep Compensates Users After $8M Hack

BitKeep has fully compensated 11,090 users affected by the Dec. 26, 2022, hack that resulted in an estimated $8 million loss. BitKeep will rebrand to Bitget Wallet and have access to Bitget’s $300 million User Protection Fund for future security threats.

AI's Mainstream Impact and Workforce Dynamics in 2023

AI's Mainstream Impact and Workforce Dynamics in 2023

2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX pledges to compensate users affected by a $30 million hack, ensuring minimal impact and enhanced security measures, as part of a series of attacks on Justin Sun's entities.

FTX Unveils Billions Repayment Plan to Compensate Creditors

FTX Unveils Billions Repayment Plan to Compensate Creditors

FTX has announced a repayment plan to repay creditors and compensate for time value of investments, but valuation concerns remain over its effectiveness.

Allbridge Provides Compensation Plan for Hacked Users

Allbridge Provides Compensation Plan for Hacked Users

Allbridge has posted a recovery plan after being hacked for $573,000 on April 1, stating that users with funds stuck on the token bridge are first in line to receive compensation. Allbridge has already started the compensation process for users despite only recovering part of the funds. The protocol aims to fully compensate those affected by the exploit with funds available to them.

MoneyGram Continues to Receive Millions in Development Fees From Ripple

MoneyGram Continues to Receive Millions in Development Fees From Ripple

Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.

Ripple and MoneyGram Partnership Ends amid SEC Lawsuit

Ripple and MoneyGram Partnership Ends amid SEC Lawsuit

Ripple and MoneyGram’s partnership through which they furthered remittance services using XRP and Ripple technology has officially ended.

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