1inch Proposes Reimbursement Plan for October Exploit Victims

  • TL;DR Compensation Payout: The 1inch Foundation has introduced a plan to reimburse victims of the October 2024 exploit, proposing a total payout of $768,026 in USDC. Exploit Details: Hackers exploited vulnerabilities in an animation library integrated into the platform, exposing significant security flaws and leaving many users at risk.