BLOOM, a BLAST ecosystem project, announced that it has successfully recovered most of the previously stolen funds, totaling $486,000, accounting for 90% of the total stolen amount of $540,000. The recovery of funds was achieved after paying a 10% bug bounty. All recovered funds will be redistributed to liquidity providers. BLOOM also plans to complete the compensation plan for affected LPs within 24-48 hours, and will release a detailed post-analysis report on the vulnerability related to the reset yield, while upgrading the reset yield function to deal with extreme situations.

Odaily Planet Daily News Blast Ecosystem Project Bloom announced that it has successfully recovered most of the previously stolen funds. The Bloom team said that after paying a 10% bug bounty, they have recovered $486,000 of the stolen funds, accounting for 90% of the total amount ($540,000). All recovered funds will be redistributed to liquidity providers.
At the same time, Bloom will complete the compensation plan for affected LPs within 24-48 hours, and will release a detailed post-analysis report on the vulnerability related to the reset yield tomorrow, while upgrading the reset yield function to deal with extreme situations.

BLOOM project successfully recovered 90% of the stolen funds and plans to compensate affected users