Galxe announces recovery plan for security incident
Galxe announces recovery plan for security incident
Galxe has announced a recovery plan for the security incident that occurred on October 6th. The plan includes fully recovering the amount affected during the incident and providing an additional 10% as a commitment of goodwill. The incident affected around 1,120 users and approximately $270,000 USD. Galxe is working with law enforcement and experts to recover the funds and identify the attacker(s). Affected users are advised to take certain security measures and contact Galxe support for assistance.
As of 10:15 am PST, we have taken back control of the domain. We are continuously conducting security measurement & Galxe website will be back online shortly. Fund recovery plan & the detailed status update will be shared later. 🚨 DO NOT access the website in the meantime.
Dear Galxe Community, We recognize the impact that recent events have had upon our users and are quickly working to take remedial action. The Galxe security team continues to take an aggressive approach to protect your data, funds and digital assets. Steps You Should Take: ❗️Do
🚨Update: We’ve detected a security breach affecting the DNS record for “galxe.com” through our Dynadot account. Please refrain from visiting the site from all channels while we are resolving the issue. Your safety remains our utmost priority.
Dear Galxe fam, Today you were truly upset, hurt, and attacked by this security incident. So were we. The website has now fully recovered, and we are continuing to enhance security. We sincerely apologize for what happened. Here are the details: gal.xyz/SecurityIncide…
We have crafted a thorough recovery plan to make you whole for the incident. In addition to recovering the full amount, we’re including an extra 10% as a commitment of goodwill and faith. Read more: gal.xyz/oct-6-incident…
The @Galxe website is offline. We will bring it back online once the correct DNS records are propagated globally. As long as you didn’t approve any transaction of the connected wallets on Galxe after 6am PST, October 6th, your funds and info are all secure.
🚨 Attention Community! At the moment, the Galxe website is down and we're working on repairing the issue. Please do not connect your wallet to Galxe for the timebeing. The issue will be resolved shortly, thank you for your patience!
Galxe Launches Passport V3: Compliance-Ready Identity Layer for Web3
Galxe has launched Passport V3, a new identity verification solution for Web3 projects. Key features include: - Instant access to 1M+ verified users - Sybil attack protection - Privacy preservation through zero-knowledge proofs - Global compliance standards integration The platform partners with Sumsub, Transak, and Banxa to provide seamless onboarding for regulated products and dApps. Projects can now verify users without additional KYC requirements or compliance overhead. Learn more: [Passport V3 Announcement](http://g.xyz/passportv3-blog)
Alva App Launches Agents v1 Trading Signal Platform
Alva App has officially launched Agents v1, a new platform offering automated trading signals and real-time market alerts. The system features: - AI-powered trading signals - Real-time market monitoring - Alerts built by experienced crypto traders - Free trial access available The platform aims to provide traders with faster access to market information and potentially profitable trading opportunities. Users can test the platform's capabilities through a free trial at [alva.g.xyz/agents-v1](http://alva.g.xyz/agents-v1).
Kadena Launches 14-Week Quest Campaign on Galxe
Kadena has launched an extensive 14-week campaign on Galxe featuring over 30 ecosystem projects. The initiative spans multiple Web3 sectors including DeFi and NFTs. - Campaign duration: 14 weeks - Total reward pool: 100,000 KDA tokens - Participation from 30+ ecosystem projects - Focus areas: DeFi and NFT experiences Participants can complete various quests to earn rewards and climb the leaderboard. The campaign aims to build a unified DeFi experience across multiple chains. [Start your quest journey here](http://g.xyz/kadena-quest)
Bithumb Exchange Adds Support for Gravity ($G) Network
Bithumb, a major South Korean cryptocurrency exchange, has integrated support for the Gravity ($G) network. This development follows Binance's earlier announcement of $G support in July 2024. The $G token operates across two ecosystems: - GravityChain - Galxe This integration expands $G's accessibility in the Asian market, particularly South Korea. Users can now trade and manage $G tokens directly on Bithumb's platform.
Space ID Protocol Launches Web3 Domain Integration with MetaMask
Space ID Protocol has launched a significant integration with MetaMask, enabling users to streamline their crypto transactions across EVM-compatible chains. Key features: - Single domain name for cross-chain transfers - MetaMask Snap integration for seamless wallet experience - Part of Mission Web3 Module #15 The launch includes a community event on Galxe with a $13,500 prize pool. Users can now claim their onchain names to simplify crypto transfers and enhance their Web3 identity. Learn more: [Mission Web3 Space ID](http://g.xyz/missionweb3-spaceid)