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Multichain recovers $2.6M stolen funds, to reimburse losses on condition

After a month-long fight against an ongoing exploit, cross-chain router protocol Multichain announced the recovery of nearly 50% of the total stolen funds, worth nearly $2.6 million of cryptocurrencies. The team has also released a compensation plan to reimburse the users’ losses.On Jan. 10, blockchain security expert Dedaub alerted Multichain

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Bitmart pledges to reimburse hack victims as crypto community voices support

As regulatory uncertainty continues to plague the global digital asset ecosystem, there are many anti-crypto proponents who continue to harp on the fact that the industry as a whole has a long way to go when it comes to securing itself in a manner that is anywhere comparable to the

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Gran West Agreed to Comply with Judge to Reimburse £900,000 worth of Bitcoin to his victims

According to news published by The Guardian on August 23, 2019, cybercriminal Gran West has agreed to collaborate with justice to reimburse the victims of his crimes. The amount to be paid as a way of compensation to the losers equals to £915,305.77 pounds.  Spontaneous Collaboration Gran West, the 27-year old hacker

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