{"id":5181,"date":"2023-10-11T15:51:01","date_gmt":"2023-10-11T15:51:01","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=5181"},"modified":"2023-10-11T15:51:01","modified_gmt":"2023-10-11T15:51:01","slug":"galxe-announces-refunds-to-its-users","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/galxe-announces-refunds-to-its-users\/","title":{"rendered":"Galxe Announces Refunds to its Users"},"content":{"rendered":"<p><em><strong>The Galxe platform,<\/strong> had suffered a hack attack that victimized its users, announced refunds to the users.<\/em><\/p>\n<hr \/>\n<blockquote><p>You might like: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/coinengineer.net\/blog\/cryptocurrency-aid-for-israel\/\" target=\"_blank\" rel=\"noopener\"><strong><em>Cryptocurrency Aid to be Provided for Israel<\/em><\/strong><\/a><\/span><\/p><\/blockquote>\n<p>\u25aa\ufe0f The attack that took place on October 6 affected users who verified transactions on the phishing site. The attack lasted a little over five hours, and preliminary estimates until October 10 suggested losses over <strong>$396,000<\/strong>.<\/p>\n<p>\u25aa\ufe0f Following this <strong>Galxe,<\/strong> said it would refund its users 110%. Also, it said to its users: &#8220;We want to appreciate to those who stood by us during this difficult period.&#8221;<\/p>\n<p>\u25aa\ufe0f The value calculated as of 10:00 UTC on October 9 will be repaid in the form of <strong><a href=\"https:\/\/coinengineer.net\/blog\/?s=tether\">Tether (USDT)<\/a><\/strong> and on the specified date of October 16, the money of the affected users will be automatically refunded to the wallet addresses they received.<\/p>\n<p>\u25aa\ufe0f After this incident, <strong>Galxe&#8217;s<\/strong> quick and effective response emerged as a reflection of the importance it places on user security. The company made great efforts to quickly alleviate the grievances of its customers and re-establish their trust.<\/p>\n<p>\u25aa\ufe0f Such incidents remind us crypto enthusiasts once again of the complexity of the crypto world and the challenges of security. It&#8217;s crucial for users to always be vigilant in protecting their personal information and financial data and prefer reliable platforms.<\/p>\n<hr \/>\n<p><em>In the comment section, you can freely share your comments about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong>,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>The Galxe platform, had suffered a hack attack that victimized its users, announced refunds to the users. You might like: Cryptocurrency Aid to be Provided for Israel \u25aa\ufe0f The attack that took place on October 6 affected users who verified transactions on the phishing site. The attack lasted a little over five hours, and preliminary<\/p>\n","protected":false},"author":1,"featured_media":5180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[1933,118,119],"class_list":["post-5181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-galxe","tag-tether","tag-usdt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Galxe Announces Refunds to its Users - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The Galxe platform, which had suffered a hack attack that victimized its users, announced that it would refund its users after this incident.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/galxe-announces-refunds-to-its-users\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Galxe Announces Refunds to its Users - 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