The Base ecosystem Bloom project said it has recovered 90% of the funds stolen in the attack
On May 10th, Bloom, a decentralized derivatives exchange on the X platform, announced that they have recovered $486,000 (minus 10% for bug bounties) out of the total funds utilized ($540,000). All of these funds will be redistributed to limited partners. 10% of the bug bounty has been agreed upon in exchange for not pressing charges against those who exploited the bug. A compensation plan for limited partners affected by the bug will be completed within the next 24-48 hours. Funds are safe and there is currently no need to revoke contract access.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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