The compensation plan outlined by Unizen states that users who have suffered losses valued at $750,000 or less will be promptly compensated, while those with larger losses will have their cases handled on an individual basis. The company's swift action and commitment to reimbursing affected users has been met with praise from the community.
The attack on Unizen, as reported by PeckShield, a blockchain security company, was a result of possible approval-related vulnerabilities within the DeFi trading platform. The total losses from the attack have been estimated to exceed $2 million. This incident has once again brought attention to the security challenges facing the DeFi space, and the need for greater diligence in addressing potential vulnerabilities in these platforms. As the industry continues to evolve, it is increasingly important for companies like Unizen to prioritize the security and protection of their users' assets.
