WEB3
by BSCN
October 4, 2023
The project clarified that their Discord account had been banned without a detailed explanation, adding that their bridge remains secure.
Decentralized cross-bridge rollup project, Orbiter Finance, has reassured its community amidst concerns and accusations of a rug pull. The project addressed the issue of failed transactions and its Discord account being blocked.
In a post on X (formerly Twitter), Orbiter Finance stated, "Orbiter bridge works very well and does not have any security issues. The transaction may fail due to network instability or the sender deleting the target network identification code when sending the transaction. We will execute these failed transactions ASAP."
Following user allegations on social media, the Orbiter team further provided a detailed explanation on Discord, clarifying the situation surrounding their Discord account, which appeared as a "deleted user." They explained that their official Discord account had been banned by the Discord team without a detailed explanation, and they were actively working to appeal the decision.
Regarding the failed transactions, Orbiter Finance detailed three scenarios that could lead to transaction failures, including network problems and insufficient balance. They assured users that they were actively addressing these issues and urged users to contact them for assistance.
Orbiter emphasized that their bridge was functioning normally and that the majority of issues were related to "abnormal transfers." They committed to returning tokens involved in such cases within a week.
Orbiter Finance expressed appreciation for user support and trust, assuring the community that they are actively working to improve their response times and address any outstanding concerns.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
Latest News
September 14, 2024
Weekly Article Recap: 9/09-9/13
September 13, 2024
MicroStrategy Buys Another $1.11B in Bitcoin, Reaches 244,800 BTC Holdings
September 13, 2024
ParaFi Capital Chooses Avalanche for Tokenization of its $1.2B Fund
September 13, 2024
Sky Protocol’s Recent Proposal Could Impact $200M Loans Backed by Wrapped Bitcoin: Report
September 13, 2024
Tether Faces Transparency Issues with its US Dollar Reserves: Report
September 12, 2024
eToro Limits U.S. Crypto Offerings to BTC, ETH, and BCH After $1.5M SEC Settlement
September 12, 2024
Searching for a Telegram Trading Bot? Maestro Might Be the Perfect Solution
September 12, 2024
FTX/Alameda Wallet Unstakes $24M SOL Amid Ongoing Investigations: Report