According to Foresight News, Web3 credential data network Galxe has updated its recovery plan for the October 6 security incident. The team is currently verifying all support requests related to the fund recovery plan and will quickly initiate the distribution of funds once the verification process is completed. Previously, Galxe announced a recovery plan: any user who lost funds will receive full compensation in USDT on Polygon, with the value calculated at 18:00 Beijing time on October 9. In addition, to thank users for their trust, the team will provide users with an additional 10% compensation.
