Gitcoin screws up transfer, sends $460K to unrecoverable address

October 9, 2023

Gitcoin’s project lead said the snafu has resulted in nearly half a million dollars of funds being locked in a one-way contract address. Crypto developer platform Gitcoin has admitted to losing approximately $460,000 of Gitcoin (GTC) tokens after mistakenly sending the funds to an unrecoverable contract address. On Oct. 6, project lead CoachJonathan posted details of…
Read more