Cypher, a cryptocurrency trading platform, has unveiled its strategy for recovery following a significant $1 million setback caused by an exploit. The Solana-operated platform has outlined a two-pronged approach to assist its users in overcoming the financial aftermath. In the primary step of the recovery plan, Cypher will offer users a proportional redemption deal utilizing its available assets. This redemption option will be accessible through an online interface. However, its important to note that the platform currently lacks sufficient financial resources to fully compensate all...
source: https://tokenpost.com/Cypher-Reveals-Two-Phase-Plan-to-Address-1-Million-Exploit-Recovery-10569
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