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Wednesday, January 22, 2025
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    bitcoin
    Bitcoin (BTC) $ 105,905.38
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    Tether (USDT) $ 1.00
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    HomeFinanceGovernance management of Twister Money anticipated to be restored as voters approve...

    Governance management of Twister Money anticipated to be restored as voters approve proposal

    Twister Money governance token holders will quickly regain management of the protocol’s operations, because of an surprising proposal put ahead by the attacker. This improvement permits the group to regain its authority and direct the protocol in the direction of restoration and improved safety measures.

    On Could 26, the proposal to return management to the unique governance token holders of Twister Money efficiently handed. A complete of 517,000 token votes favored the proposal, with none opposed. This decision brings a fast conclusion to a governance takeover that thankfully didn’t impression the protocol itself, however led to the theft of particular governance tokens.

    A screenshot exhibiting the voting outcomes. Supply: Twister Money

    Proceed studying on Coin Telegraph

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