Crypto Flipsider News – Terra Sells Bitcoin Worth $3.5 Billion as Do Kwon Announces New Recovery Plan; Portugal to Impose Capital Gains Tax; Grayscale Launch ETF for Europe; Nomura Prepares Crypto Subsidiary, and SEBA Enters Crypto with LGT Bank

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Allbridge Provides Compensation Plan for Hacked Users

Allbridge has posted a recovery plan after being hacked for $573,000 on April 1, stating that users with funds stuck on the token bridge are first in line to receive compensation. Allbridge has already started the compensation process for users despite only recovering part of the funds. The protocol aims to fully compensate those affected by the exploit with funds available to them. (Read More)

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