[Payy Opens Compensation Application for Cross-Chain Bridge Hack, Will Shut Down After Completion] Payy has initiated the compensation process for the September 24 cross-chain bridge contract hack. The claims application window will remain open for 30 days, and compensation will be issued in the form of USDC on the Ethereum network. Payy Wallet is currently suspended, and it will be fully shut down after the compensation window ends. Users are required to input their Payy Wallet mnemonic phrase when filling out the claims form to confirm the scale of affected funds. On September 24, the Payy Network Ethereum cross-chain bridge contract was attacked, resulting in a loss of approximately $1.8 million.