Fintech company Kontigo, which focuses on stablecoins, has reimbursed 1,005 users a total of $340,905 following a security breach. According to reports, the company's CEO, Jesus Castillo, confirmed that his own account was also affected by the incident. The reimbursement aims to compensate users impacted by the hack. The development highlights the ongoing risks associated with digital assets and the importance of security measures within the stablecoin ecosystem.

Fintech company Kontigo, which focuses on stablecoins, has reimbursed 1,005 users a total of $340,905 following a security breach. According to reports, the company's CEO, Jesus Castillo, confirmed that his own account was also affected by the incident. The reimbursement aims to compensate users impacted by the hack. The development highlights the ongoing risks associated with digital assets and the importance of security measures within the stablecoin ecosystem.