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1inch Foundation Proposes User Compensation Plan Following October Hack

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In brief

  • A DAO proposal is seeking to reimburse $768,026 in USDC to affected users.
  • But victims must submit KYC and law enforcement reports.
  • The vote currently stands at 53.47% in favor, 46.53% against.

The 1inch Foundation has submitted a new proposal to its decentralized autonomous organization to compensate users affected by an October 2024 exploit.

The proposal, dubbed 1IP-80, outlines a reimbursement plan of $768,026 in USDC—the estimated value of the stolen tokens at the time of the attack—to be sourced from the DAO’s treasury.

The DeFi DEX aggregatir Foundation would oversee the verification and distribution process, requiring victims to complete Know Your Customer identity verification, provide evidence of losses, file a report with law enforcement, and sign a compensation agreement.

It did not specify precisely what KYC would be required. 1inch does not require users to complete a KYC process to trade on its platform, making it a popular choice for those who prefer not to use centralized exchanges that have this requirement.

A case is currently under investigation in the Canary Islands, whereby victims would also need to waive their right to any funds recovered in the future.

An exploit occurred on October 30 last year, when attackers compromised the 1inch decentralized application via a supply chain vulnerability in the Lottie Player library, a plugin used for animations on websites.



Unlike the more recent $5 million breach of 1inch in March 2025, which saw the return of most funds through negotiations with the hacker, no restitution was previously made in the October case.

Under the proposal, the DAO would transfer the funds to the Foundation, which would process claims and disburse compensation. Victims would be required to forfeit any rights to recovered assets, which would instead be returned to the DAO treasury.

As of publication, 30 votes have been submitted. The vote currently stands at 53.47% in favor (3.8 million votes) versus 46.53% (3.3 million) against.A single large voter wallet dominates each side. 

One wallet accounts for the entire 3.3 million ‘no’ votes, while another holds 2.2 million of the 3.8 million votes in favor.

The dissenting wallet argues that the DAO should not act as an insurance fund, citing a lack of recurring revenue. The vote remains open until June 22.

Edited by Sebastian Sinclair

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Jurassic World Evolution 3 Trailer Leaks, Launching In October
Game Reviews

Jurassic World Evolution 3 Trailer Leaks, Launching In October

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Screenshot: Frontier Developments / Universal

Jurassic World Evolution 3 is real and launching later this year, according to a newly leaked trailer which also reveals that baby dinosaurs and more fan-requested features are arriving in the anticipated prehistoric theme park simulator sequel.

GameStop Doubles Down On Crypto With Massive Bitcoin Purchase As Stores Close

Update – 6:05 PM EST: Universal and Frontier have just announced the sequel officially.

On June 6, Jurassic Addict on Twitter spotted and shared images and details from what appears to be a story that accidentally went live on German gaming site GameStar. The story leaked that Jurassic World Evolution 3 will be launching on October 21, 2025, on PS5, Xbox Series X/S, and PC. Oddly, no Switch 2 port. The upcoming game is likely to be officially revealed during Summer Game Fest.

Also included in the leaked story was a trailer which has since been pulled from GameStar’s site but has already been uploaded to many places online by fans. Here’s a YouTube version that might be ripped down by the time you read this:

And no, your internet connection isn’t crappy. The quality of the leaked trailer is really bad. Still, this trailer provides us with our first look at baby dinos, a highly requested feature that wasn’t in the first two Jurassic World Evolution games.

Jurassic World fans are already digging through the low-quality trailer to spot new features and additions. As mentioned already, baby dinos are now a part of the game. But fans have also spotted improved and advanced terrain tools, new vehicles to drive around in, more customization options, new behaviors, the ability for flying dinosaurs to walk around on the ground, and new ways to tweak your genetically altered dinosaurs before they hatch.

As a big fan of Frontier Development’s Jurassic World Evolution 2 (and its predecessor), I’m excited that we’re getting a new game later this year, and just a few months after Jurassic World Rebirth hits theaters in July. Hopefully, you’ll be able to create a wild-looking D-Rex in the game.

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Hopium turns into reality: Arc Raiders will be arriving in October this year
Game Reviews

Hopium turns into reality: Arc Raiders will be arriving in October this year

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As part of today’s Summer Game Fest kick-off show, what many Arc Raiders players and fans hoped would happen did, in fact, take place. Ever since the end of the second Tech Test in early May, many of those who took part never wanted to stop playing.

In fact, considering how polished the game already was, even at that early stage, some outright called for it to be officially released. Today, fans didn’t receive exactly that, but they did receive a release date for the shooter.

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While many were holding out hope for another beta test in the imminent future, it looks as though fans will need to wait a little longer to dive back into Arc Raiders. The latter is especially true for the millions who simply couldn’t get into Tech Test 2, and spent those days instead watching and reading content from those playing, which no doubt didn’t make things any easier.

Well, everyone can celebrate today, because Embark just announced that Arc Raiders will release on October 30, 2025 for PC, PS5, and Xbox Series X/S. This looks to be an updated build that expands on Tech Test 2, but we’ll have to spend some time with it to see how much has changed.

Not that the game needed much work, as Arc Raiders already has a strong character, solid gameplay loop, and a vibe that takes me back to the golden era of classic PUBG.

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Arc Raiders developer Embark seems to have a good relationship with Geoff Keighley. The extraction shooter was initially announced at The Game Awards in 2021, when it was still a co-op shooter, and before it turned into the game it is today.

The Finals, the studio’s first game, shadow-dropped in December 2023 at that year’s Game Awards, so you can bet everyone was bracing for some Arc Raiders news at this summer’s Summer Game Fest.



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XRP Ledger payments. (XRPScan)
Crypto Trends

XRP Ledger Payments Count Crashes to Lowest Since October as XRP Fails to Keep With Bitcoin (BTC)

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Activity on the XRP Ledger, a decentralized public blockchain designed for quick, cost-effective real-time transfer of XRP, fiat currencies and other digital assets, has slowed considerably since the first quarter.

The number of payment transactions, representing the transfer of value from one account to another, dropped to 320,747 at press time, the lowest since October and significantly down from the average of over 1 million observed through March, April, and early May, according to data source XRPScan.

XRP Ledger payments. (XRPScan)

The number of active addresses also fell under 10,000, also the lowest since October. Meanwhile, the number of XRP burned as fees dropped to a multi-month low of 1,500 XRP, coinciding with a slowdown in the creation of new accounts. Account creators need to deposit 1 XRP, which can be reclaimed following the deletion of the account.

The slowdown follows an impressive first quarter during which payment transactions surged by an impressive 36% on a quarter-on-quarter basis, according to data tracked by Messari. Meanwhile, active addresses registered a 142% growth.

Positive outlook

The Messari report was optimistic about XRP Ledger’s prospects, citing an increase in institutional adoption through strategic partnerships and acquisitions.

In April, Ripple, which leverages the XRP Ledger to provide payment solutions, Hidden Road, making it the first crypto company to own and operate a global, multi-asset prime broker.

Early today, Ripple’s enterprise-grade RLUSD stablecoin received the green light from the Dubai Financial Services Authority (DFSA), opening doors for its use in the Dubai International Financial Centre (DIFC).

More announcements could hit the wires next week during Ripple’s XRP Ledger Apex 2025 event, which will take place in Singapore from June 10 to 12.

XRP struggles to keep pace with bitcoin

Bitcoin, the leading cryptocurrency by market value, recently rose to new lifetime highs above $110,000, marking a surge of over 40% from its early April lows near $75,000.

The stellar recovery also lifted the broader market higher, with XRP jumping from $1.60 to $2.60, a 62% increase, according to CoinDesk data. However, the rally in the payments-focused token has stalled since then, falling well short of its peak of around $3.40 registered in January when BTC set its then-lifetime peak of $109K.

The divergence indicates that XRP is not benefitting from bitcoin’s new highs the same way it did earlier this year. It could be a sign of waning demand for XRP, suggesting caution, as a potential downturn in Bitcoin could weigh heavily on XRP’s price.

XRP fails to keep with bitcoin’s new highs. (TradingView/CoinDesk)



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