Compensation Financial News
10.07 / 04:09
COST
Provident
FIVE
compensation
Centre
GST Council meeting tomorrow: Opposition states likely to pressure Centre over compensation
The Telegraph has cited. These states have been experiencing revenue losses, and their representatives are likely to seek solutions during the allotted time. In 2017, India introduced the Goods and Services Tax (GST) regime.
29.05 / 20:37
FTX
compensation
Temasek Adjusts Employee Compensation Following Unsuccessful FTX Investment
Singaporean investment firm Temasek Holdings has lowered the compensation of senior management and the investment team responsible for investing in FTX.
29.05 / 15:19
SEC
Gemini
Legal
DApp
Police
genesis
sec lawsuit
compensation
Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
29.05 / 02:33
regulation
Investments
Report
Bloomberg
FTX
compensation
Temasek slashes compensation for execs responsible for its $275M FTX investment
Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto exchange FTX.
26.04 / 20:45
business
Blockchain
Hackers
hacks
Decentralized Exchange
compensation
Exploit
CertiK to launch compensation plan for $2M Merlin DEX exploit
Blockchain security firm CertiK is launching a compensation plan to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE token.
20.04 / 06:49
Citi
Woodford
compensation
Woodford investors to get £235m in compensation after FCA probe
Investors in Neil Woodford's collapsed fund empire are due to receive £235m in compensation after a Financial Conduct Authority investigation into authorised corporate director Link Fund Solutions.
29.03 / 10:47
business
Blockchain
hacks
wallet
compensation
Exploit
BitKeep completes compensation for $8M APK exploit, announces rebranding
On March 29, multichain wallet BitKeep announced that it had fully compensated users affected by the 7.2.9. Android Package Kit (APK) exploit that took place on Dec. 26, 2022. On the day of the incident, the 7.2.9. APK update for BitKeep was maliciously swapped by hackers, resulting in an estimated $8 million loss of funds from users who downloaded the malware.
01.03 / 12:03
defi
Hackers
hacks
compensation
Exploit
Portal
Platypus Finance creates compensation portal for users following $9.1M exploit
Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit that the platform suffered.
23.02 / 22:51
business
defi
Hackers
hacks
Cybercrime
compensation
Platypus reveals compensation plan for users' funds after attack
Decentralized finance (DeFi) protocol Platypus disclosed details of a recent $9.1 million exploit, alongside efforts to recover the funds, and a compensation plan for victims.
18.02 / 23:45
defi
Hackers
hacks
lending
compensation
Platypus to work on compensation plan after $8.5M attack
Decentralized finance (DeFi) firm Platypus is working on a compensation plan for user's losses after a flash loan attack drained nearly $8.5 million from the protocol, affecting its stablecoin dollar-peg.
20.01 / 10:49
JPMorgan
compensation
JPMorgan boss Jamie Dimon gets $34.5m for 2022 compensation
JPMorgan awarded Jamie Dimon $34.5 million for his 2022 compensation, the bank disclosed on 19 January.
22.12 / 00:17
defi
Hackers
hacks
compensation
Raydium announces details of hack, proposes compensation for victims
The team behind the Raydium decentralized exchange (DEX) has announced details as to how the hack of Dec. 16 occurred and offered a proposal to compensate victims.
16.11 / 10:59
UPS
compensation
Fund managers, bankers and brokers will see up to 40% pay cut, Wall Street compensation experts warn
Wall Street compensation consulting firm Johnson Associates is flashing a caution signal to fund managers, bankers and brokers not to expect anything like last year’s bonus when the time arrives for those annual cheques.
07.11 / 21:35
COST
FIVE
Extreme
compensation
Climate compensation and extreme weather warnings: 5 Key takeaways from the second day of COP27
Today, world leaders, ambassadors and representatives gathered for the official opening of the UN climate conference in Sharm El Sheikh, Egypt.
24.10 / 09:57
business
Hackers
Scams
API
Time
compensation
FTX to give a 'one-time' $6M compensation to phishing victims
Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain FTX users’ accounts.
18.10 / 12:29
Platform
Apple
Upbit
compensation
Customers
Angry Crypto Exchange Customers Will Get Compensation – If They Can Prove One Thing
The South Korean market-leading crypto exchange Upbit has announced that it will compensate traders who lost money during the power outage that blighted the platform’s login functionality over the weekend – but only if they can prove they were really going to sell their coins during the blackout.
08.10 / 18:23
Luna Classic
Luna
compensation
Terra Luna Foundation Guard Freezes $100M Compensation Treasury
The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns.
15.07 / 19:53
Waves
Platform
compensation
Is CEL’s [Celsius] 29% rally enough compensation to repay debts
The heat on Celsius [CEL], the embattled crypto-lending platform, seems to have reduced lately. Interestingly, the wave looks to have spread to its coin CEL. The altcoin was one of the best-performing cryptocurrencies over the last 24 hours of 15 July.
16.05 / 14:03
Stablecoin
Terra
Bitcoin
compensation
Luna Foundation Says Nearly Entire Bitcoin Stack Spent, Promises Compensation to UST Users
The Luna Foundation Guard (LFG), the entity whose task was to maintain the stability of the terraUSD (UST) peg, said it spent nearly all of its bitcoin (BTC) held in reserves to defend UST’s dollar peg as it collapsed. But from what is left, users of the failed stablecoin will be compensated, LFG said.
23.12 / 00:33
Technology
Hackers
Scams
phishing
compensation
Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund
On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord.
16.12 / 13:19
Law
Asia
Court
Bitcoin
compensation
Beijing court rejects monetary compensation in Bitcoin mining contract plea
A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.
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