The dYdX community is reviewing a new compensation proposal aimed at providing reimbursement to traders impacted by a chain halt on October 10th. This plan outlines $462,097.79 in […]
dYdX Offers $462K Compensation for Traders Hit by October 10 Chain Halt
dYdX is considering a compensation package of up to $462,097.79 for traders affected by the October 10 chain halt that caused market volatility and unexpected losses. This proposal […]
dYdX Community Votes on Compensation Following Service Disruption
The dYdX community is set to vote on a compensation proposal that would allocate $462,000 to reimburse traders who experienced financial hardship due to a service disruption. The […]
Ethereum Foundation Under Fire as Developer Raises Concerns About Compensation
Internal tensions are brewing at the Ethereum Foundation following allegations of flawed compensation practices, prompting scrutiny and uncertainty within the community. A leading developer’s public letter has raised […]
Ethereum’s Foundation Under Fire: Is Compensation Fairness a Barrier to Success?
Recent revelations about internal practices at the Ethereum Foundation have ignited debate about compensation fairness within the community. Chief developer Péter Szilágyi has raised concerns regarding underpayment of […]
Backpack Addresses Flash Crash, Offers Compensation Plan
Backpack successfully navigated the October 11 market flash crash and has implemented a compensation plan for affected users. Following a thorough review of cases, Backpack confirms no socialized […]
UK To Compensate Victims of $7 Billion Bitcoin Scam
A landmark case has seen authorities in the UK seize nearly $6.8 billion worth of Bitcoin, belonging to Zhimin Qian – accused of orchestrating a massive fraudulent investment […]
Binance Offers $283 Million Compensation Plan Amidst Crypto Market Crash
Binance has announced a significant compensation plan of $283 million to address losses incurred by users affected by the recent crypto market crash and stablecoin depegging events. This […]
Binance Compensates Over $283 Million for Users Affected by Technical Glitches
Cryptocurrency exchange Binance has announced a significant compensation package worth over $283 million to users affected by technical issues and market volatility that occurred on Friday. The focus […]
Binance Issues Major Compensation Program Following Crypto Market Downturn
Binance, the world’s leading cryptocurrency exchange, has launched a $283 million compensation program to support investors affected by recent market volatility and the depegging of some stablecoins. This […]
Binance Provides Compensation to Users Impacted by Depeg Incidents
Binance has announced a compensation plan to address the price depegs of USDE, BNSOL, and WBETH which affected users’ trading activity. The platform acknowledges the recent market volatility […]
Binance Apologizes, Promises Compensation Following Crypto Market Disruption
Binance has announced plans to compensate users who experienced losses due to volatility during a major market crash this past Friday. The exchange acknowledged technical difficulties following an […]
Binance Announces User Compensation Program: Seeking to Reassure Investors
Binance co-founder Yi He revealed a new program offering compensation for users suffering losses directly linked to the exchange’s platforms. Users impacted are encouraged to file claims directly, […]
Ethereum Developer Pay Crisis Threatens Network Stability and Future Progress
New data reveals a troubling disparity between Ethereum developer compensation and market rates, raising concerns about the future of the blockchain network. A recent report by Protocol Guild […]
Ethereum’s Core Developers: Outpaced By Salaries, Driven by Ideals
Despite the meteoric rise of Ethereum and its current value of over $4,500, a glaring disparity in compensation for core developers is exposing the hidden cost of building […]