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news-imageOctober 9, 2023

Gitcoin's costly mistake: $460K in GTC tokens lost in transfer error

In a surprising turn of events, Gitcoin, a prominent crypto developer platform, has revealed that it lost approximately $460,000 worth of Gitcoin (GTC) tokens due to a critical transfer error. The incident occurred on October 6, and it has left a significant portion of the project's funds irretrievable.
Publisher: Cryptopolitan
Sentiment: Negative
GTC

More News Articles

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cover-imageBlockchain News
February 7, 2024

Gitcoin Pivots to Ethereum Grants

Gitcoin, the open-source funding platform, announces a strategic shift from public goods funding to concentrate on grants infrastructure for the Ethereum ecosystem. This reorganization aims to enhance technological development within Ethereum, transitioning from a flat organizational structure to a more defined "Labs" model for improved efficiency and direction.

Positive
cover-imageCryptopolitan
February 5, 2024

Gitcoin's Shift: Focusing on Grants for the Ethereum Ecosystem

Gitcoin, a platform renowned for funding open-source software, is undergoing a significant restructuring to refine its focus and enhance its grants infrastructure, specifically catering to the Ethereum ecosystem. The strategic shift marks a departure from its initial approach centered around public goods funding, steering towards a more technology-oriented trajectory.

Positive
cover-imageCoincu
July 20, 2023

Gitcoin's Donation Round Now Open, Aug 15th – Aug 29th

Key Points: Gitcoin Grants 18 (GG18) is just around the corner, set to take place from August 15th to August 29th, 2023. This eagerly anticipated event presents an incredible opportunity for developers, creators, and projects to secure funding for their innovative initiatives.

Positive
cover-imageBenzinga
July 14, 2022

Gitcoin Raises And Donates $5M-Plus For Crypto Advocacy, Infrastructure And Climate Initiatives

Gitcoin has raised and donated more than $5 million as part of its Grants Round 14. What Happened: Gitcoin, the world's longest-running and biggest Web3 crowdfunding platform, leveraged its flagship technology, quadratic funding, to raise more than $5 million to go towards numerous projects focused on crypto advocacy, infrastructure and climate initiatives.

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