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Galxe announces fund recovery plan worth $396k following security breach

Galxe unveils a comprehensive Fund Recovery Plan to reimburse affected users and bolster security following last week’s DNS breach. Following last week’s security breach, leading web3 community-building platform Galxe unveiled a comprehensive ‘Fund Recovery Plan‘ to address the losses incurred by its user base. The initiative aims to provide a structured

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Binance tight-lipped on projects funded by $1B crypto recovery fund

Binance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the aftermath of the FTX collapse, may not have been as effective as desired, a new report suggests.After announcing the IRI in November 2022, Binance spent $15 million in its BUSD (BUSD) stablecoins out of

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Anthropic’s capital boost may secure full recovery for FTX customers

The recent surge in Anthropic’s valuation, following a new funding round, could spell financial recovery for FTX creditors. As artificial intelligence enterprise Anthropic recently securing additional investment, potentially elevating its worth to $30 billion, FTX customers may find reason to be optimistic. This development comes to light due to FTX founder

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