logo

SwissBorg: Commits that the community will not bear any losses, and the official team will cover the funding shortfall

By: theblockbeats.news|2025/09/09 06:22:34

BlockBeats News, September 9th, SwissBorg CEO issued a public statement stating that they are actively investigating the security incident that occurred yesterday. The incident was not an attack on the SwissBorg platform itself, but rather an exploit of an external DeFi wallet used to operate the SOL Earn strategy. SwissBorg has pledged that the community will not bear any losses, and all funds lost will be fully compensated by the company.

BlockBeats reported this morning that SwissBorg, a Switzerland-based crypto platform, stated that the company lost approximately $41 million worth of SOL due to a security vulnerability.

DePIN SAAS Platform Owlverse Announces Official Opening of OpenAPI
Musk Discusses Collaboration with <em>Eve Online</em> Developers on AI Game Development

You may also like

Share
copy

Gainers

Latest Crypto News

10:45

Key Transaction Data: US 10-Year Treasury Yield Rises to 4.086%

10:45

Mainstream Perp DEX Overview: Hyperliquid Surpasses $10 Billion in Trading Volume Again, Platform Volumes Rebound Collectively

10:45

The European Stablecoin Alliance Appoints Former Coinbase Executive as Chief Executive Officer

10:15

Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week

10:15

The Central Bank of Russia has confirmed that it may relax cryptocurrency regulation rules.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]