Gitcoin Loses $461,000 Worth of Treasuy Funds Due to a Misdirected Transfer
Gitcoin, a crowdfunding platform on Ethereum, revealed that it lost around $461,000 worth of funds from its Treasury due to a misdirected transfer. The funds, totaling 521,440 GTC tokens, were sent to a GTC token contract instead of the intended destination address. The project's core team attempted to recover the funds but ultimately concluded that they were lost forever
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Gitcoin Loses $461,000 Worth of Treasuy Funds Due to a Misdirected Transfer
Gitcoin, a crowdfunding platform on Ethereum, revealed that it lost around $461,000 worth of funds from its Treasury due to a misdirected transfer. The funds, totaling 521,440 GTC tokens, were sent to a GTC token contract instead of the intended destination address. The project's core team attempted to recover the funds but ultimately concluded that they were lost forever