Allbridge Starts Compensation for Hack Victims After the Exploit

Allbridge has started a compensation process for users following a recent exploit that led to roughly $573,000 being hacked on April 1. The compensation plan will begin with bridge users whose transactions got stuck in pending, followed by liquidity providers. Allbridge aims to fully compensate those victims with funds available to them. The protocol's exploiter has returned 1,500 BNB worth around $465,000 following a public proposal made to the hacker. Meanwhile, Eurler Finance announced it has recovered most of the $196 million stolen in a flash loan attack.