Galxe announces recovery plan for security incident

By Galxe
Jan 16, 2024, 9:38 AM
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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.​

Sources

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.

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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

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