Backpack: Users who profited from the previous position confusion can dispose of their assets themselves, and users who suffered losses will be fully compensated.

According to official sources, Backpack has released an announcement regarding the "July 3rd recharge lag and contract position disorder event," stating: "A total of 5,000 users traded that day. When the position disorder occurred, approximately 500 users profited, and 500 users suffered losses due to the event. After rolling back the code, we decided that users who profited could dispose of their assets as they wished, and users who suffered losses would be fully compensated. As of this writing, we have received a total of 410 compensation requests, processed 242 requests, and issued a total of $70,000 in compensation. We estimate the total compensation amount to be around $200,000. We will provide double points compensation to all users who participated in trading that day." In addition, Backpack CEO Armani stated: "Our exchange architecture is essentially a private, permissioned blockchain—designed from the ground up for performance, verifiability, transparency, and efficiency. We did not fork any existing technology, but developed it ourselves from scratch." [Odaily Planet Daily]