Tuesday, September 24, 2024
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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

Crypto trading platform Cypher has published a plan to recover from its $1 million exploit, stating it will “socialize” losses across the platform in an initial stage of the recovery. In the first stage of the plan, the Solana-based trading platform will produce a “pro rata redemption package” of current

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