News

Attention: Orbiter Finance Will Compensate Users Damaged By The June 1 Discord Attack

Key Points:

  • Orbiter Finance announced a compensation scheme for users affected by the Discord attack on June 1.
  • The compensation scheme is divided into three categories based on user losses, with full compensation provided for losses up to $1,000.
  • Users can submit compensation claims starting on July 5 within a 48-hour application window, including a signed notification to confirm address ownership.
The Layer 2 cross-chain bridge Orbiter Finance, according to the official release, presented a compensation scheme for the Discord assault on June 1.
Attention: Orbiter Finance Will Compensate Users Damaged By The June 1 Discord Attack 4

The compensation scheme is separated into three categories based on the number of user losses, with Orbiter Finance entirely compensating losses of $1,000 or less. Users may claim compensation beginning at 7:30 UTC on July 5, with a 48-hour application window.

“Regarding the losses suffered by community users due to the Discord attack, we are committed to providing compensation,” the team announced.

According to Orbiter Finance, while filing a claim form, consumers must include a signed notification to confirm that they possess the address.

Attention: Orbiter Finance Will Compensate Users Damaged By The June 1 Discord Attack 5

On June 1, unscrupulous actors gained access to the Orbiter Finance Discord server. On the platform, the hackers uploaded a link to a bogus airdrop application.

CertiK Alert, a blockchain security and analytics company, first revealed the attack on Twitter. It is the community members’ responsibility to avoid connecting with the links offered on the site. The unscrupulous actors advertised a bogus ORB token launch and airdrop event in which 5,000,000 ORB tokens would be issued to members of the Orbiter Finance community.

Attention: Orbiter Finance Will Compensate Users Damaged By The June 1 Discord Attack 6

The Orbiter Finance team also acknowledged the theft on Twitter, emphasizing that the company is working diligently to reclaim control of its Discord server. Via a Twitter thread, the project warned its members not to believe anything on its Discord server.

According to CertiK Alert monitoring, Orbiter Finance’s Twitter account was recently hacked, and tweets containing phishing links were posted. BitKeep is presently notifying users of an exceptional ZKBG fortunate airdrop for the Orbiter community. Orbiter Finance responded on social media to CertiK’s warning that its official Twitter account had been hacked by stating that its official Twitter account is secure and has not been compromised.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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