Galxe Announces Extensive Fund Recovery and Security Enhancement After Recent DNS Attack

Following the DNS breach Galxe has introduced a comprehensive ‘Fund Recovery Plan’ to address the situation. Their goal is to compensate affected users and enhance the security of their platform.

In response to the security incident, Galxe, a known web3 community building platform has implemented an extensive ‘Fund Recovery Plan’. This plan aims to provide compensation for users who have suffered losses and strengthen the platforms security measures. To verify their claims impacted users will need to provide evidence such as transaction details or screenshots. Typically Galxe will return the recovered funds to users original wallet addresses. However for those who wish to make changes an option has been made available to specify a transaction address.

Galxe emphasizes its commitment to boosting security by seeking guidance from top notch engineers and cybersecurity experts. The breach originated from a DNS attack on Dynadots domain nameservers that targeted Galxe. As part of their efforts towards resolution Galxe has pledged to reimburse $396,000 to those affected.

Despite the severity of the breach the community applauds Galxe for their organized response, in mitigating the situation. Furthermore Galxe is proactively addressing any concerns raised by users regarding security measures on their platform.

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