Express

Cover Protocol Is Planning A New COVER Token After The Hack

Mary Liu

Summary: Cover Protocol, a DeFi insurance protocol that was hacked early this morning with 40 quintillion coins inflating, officially announced that the team plans to provide a brand new COVER token, which will be taken as a snapshot at a certain time before the attack. The 4350 ETH returned by the hacker Grap Finance will also return to ...

Cover Protocol, a DeFi insurance protocol that was hacked early this morning with 40 quintillion coins inflating, officially announced that the team plans to provide a brand new COVER token, which will be taken as a snapshot at a certain time before the attack. The 4350 ETH returned by the hacker Grap Finance will also return to the user via a snapshot. The official stated that it will continue to investigate the incident but remind users not to buy COVER tokens.

By Mary Liu

Last Update:

Tags: ,,,
Link: Cover Protocol Is Planning A New COVER Token After The Hack   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 10 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 25 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.