
News
DAO Vote Underway for 1inch User Reimbursement Following Supply Chain Attack
The 1inch Foundation has submitted proposal 1IP-80 to its decentralized autonomous organization, seeking approval for a $768,026 USDC compensation plan for users affected by an October 2024 exploit. Decrypt reports that the proposal outlines reimbursement equal to the estimated value of stolen tokens at the time of the attack,