Payy: Opens a 30-day claims period following cross-chain bridge attack
After a security incident, prices generally go through three phases:
1) Panic: The news hits, and selling pressure is at its fiercest;
2) Digestion: How significant the losses are relative to the project’s size, and whether the stolen funds are entering the market;
3) Cleanup: The team’s compensation plan determines whether sentiment recovers.
$ETH is currently at 2530.76, down 1.37% over 24 hours. Don’t rush to buy the dip—wait until the second phase becomes clearer.
#ETH
After a security incident, prices generally go through three phases:
1) Panic: The news hits, and selling pressure is at its fiercest;
2) Digestion: How significant the losses are relative to the project’s size, and whether the stolen funds are entering the market;
3) Cleanup: The team’s compensation plan determines whether sentiment recovers.
$ETH is currently at 2530.76, down 1.37% over 24 hours. Don’t rush to buy the dip—wait until the second phase becomes clearer.
#ETH