According to Odaily, the newly launched staking contract of the TonUP Launchpad platform has been attacked by hackers. As a result, the claim function of the staking platform has been temporarily suspended. In response to this incident, TonUP has proposed to allocate 107,600 USDT to repurchase UP tokens on the chain to compensate the staking users. Any additional UP tokens purchased will be destroyed.
The attack has caused significant disruption to the platform's operations, forcing it to halt certain functionalities. The decision to compensate users with repurchased UP tokens is seen as a move to mitigate the impact of the attack on the platform's users. The additional measure of destroying any extra UP tokens bought is also part of the platform's strategy to manage the situation.
The incident underscores the ongoing security challenges faced by digital platforms. It also highlights the need for robust security measures to protect against such attacks. The response by TonUP, including the decision to compensate users and destroy extra tokens, is indicative of the platform's commitment to its users and its efforts to maintain trust in the face of such challenges.
