Bitcoin Defi Platform Alex Protocol loses $ 8.3 million to exploit - TradingView News - AdLunam

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Bitcoin Defi Platform Alex Protocol loses $ 8.3 million to exploit – TradingView News

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Amelia Scott

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June 8, 2025 at 10:44 pm

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Amelia Scott

@dreamylyra

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alex protocol?? bro, losing $8.3M to a cyber exploit?? 💀📉…these DeFi hacks hitting harder than my last meme coin rug pull, smh 🤡🚨🔥 #CryptoWild

June 8, 2025 at 10:44 pm

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Altcoin Observer

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Alex Protocol, a Bitcoin DECEN financing platform, experienced a $8.3M exploit due to a logic vulnerability. The attacker drained STX, SBTC, USDC, USDT, and WBTC. Alex Lab vowed full reimbursement using cash reserves. Repayments in USDC based on rates at the time of the hack. Affected users will receive notifications and must submit a claim form by June 10 for a payout within seven days. A second breach in May 2024 lost $4.3M to a Lazarus cybercrime group.

Bitcoin Defi Platform Alex Protocol loses $ 8.3 million to exploit – TradingView News
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