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Exploits are an unfortunate aspect of the crypto industry today. But we have 100% confidence in the ALEX team and platform to manage this process and do what is right for customers. https://t.co/tAZBRAJItV
🚨Alex Protocol Bridge Exploit: According to our investigation, the Alex protocol bridge on BSC suffered $4.3M in suspicious withdrawals following a sudden contract upgrade. Read more: https://t.co/D2a001fLC0
ALEX Security Update Dear Community, We want to keep everyone informed about the recent attack and our ongoing efforts to address the situation with ALEX. Yesterday, we became aware of an exploit using compromised private keys obtained via a phishing attack. The exploiter was…
The Bitcoin DeFi platform ALEXLabBTC suffered a significant exploit on May 14, 2024, resulting in the loss of approximately $4.3 million worth of assets. The exploit is believed to have been caused by a private key compromise, likely obtained via a phishing attack. On May 15, 2024, the attacker transferred 14.4 BTCB (worth around $903,800) and 2,758,666.8 SKO (worth about $61,000) to a new address. The exploit involved suspicious withdrawals following a sudden contract upgrade on the Alex protocol bridge on Binance Smart Chain (BSC). The ALEX team is actively addressing the situation and working to manage the aftermath of the attack.
