Backpack: In case of position dislocation, profitable users can manage their assets on their own, while users facing losses will receive full compensation

By: theblockbeats.news|2025/07/07 09:16:49

BlockBeats News, July 7th. According to official sources, Backpack has announced the resolution of the transaction anomaly incident on July 3rd, stating that on that day, the platform experienced recharge delays and some contract position disarray issues, but user assets were not affected.

During the incident, there were approximately 5,000 users involved in the transactions, with around 500 users benefiting from position anomalies and another 500 users being affected. After rolling back the code, the platform decided that users who benefited could manage their assets themselves, while those affected would receive full compensation.

As of now, Backpack has received 410 compensation applications, processed 242 of them, disbursing a total of about $70,000, with the final total compensation expected to be around $200,000. Additionally, Backpack will issue double points to all users of the day as compensation.

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