Gate News bot message, the DeFi protocol ALEX has encountered an attack event due to a coin listing verification logic vulnerability. In this attack, the ALEX protocol lost approximately 8.37 million USD in assets, specifically including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about 150,000 stablecoins.
The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate the affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
DeFi protocol ALEX was attacked, resulting in a loss of 8.37 million USD, and has promised full compensation.
Gate News bot message, the DeFi protocol ALEX has encountered an attack event due to a coin listing verification logic vulnerability. In this attack, the ALEX protocol lost approximately 8.37 million USD in assets, specifically including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about 150,000 stablecoins.
The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate the affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information.
Source: Wu Says
Original link