ALEX encountered a malicious attack, suffering losses exceeding 8.37 million USD, this is terrible!
On June 7, ALEX announced that it was attacked due to a vulnerability in its listing verification logic, with the attacker withdrawing funds from multiple asset pools, resulting in significant losses. The specific losses are as follows: 8.4 million STX (approximately 5.69 million USD), 21.85 sBTC (approximately 2.24 million USD), 149,850 USDC/USDT (approximately 149,800 USD), 2.80 WBTC/BTC (approximately 287,400 USD).
But don't panic, the ALEX Lab Foundation will fully compensate affected users using the treasury, paid in USDC. Compensation calculations are based on the average on-chain exchange rate from 18:00 to 22:00 on June 6. Affected wallet addresses will be notified before 7:59 on June 9, including a claim form. Users must submit the claim form and confirm their wallet address before 7:59 UTC on June 11. Once confirmed, the USDC compensation will be credited within 7 working days.
This wave of attacks has indeed caused significant losses for ALEX, but its proactive compensation plan provides some comfort to users. Let's cherish the subsequent developments and stay informed!
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