The Galxe platform, had suffered a hack attack that victimized its users, announced refunds to the users.
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▪️ 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 $396,000.
▪️ Following this Galxe, said it would refund its users 110%. Also, it said to its users: “We want to appreciate to those who stood by us during this difficult period.”
▪️ The value calculated as of 10:00 UTC on October 9 will be repaid in the form of Tether (USDT) and on the specified date of October 16, the money of the affected users will be automatically refunded to the wallet addresses they received.
▪️ After this incident, Galxe’s 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.
▪️ Such incidents remind us crypto enthusiasts once again of the complexity of the crypto world and the challenges of security. It’s crucial for users to always be vigilant in protecting their personal information and financial data and prefer reliable platforms.
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