$STX $BTC $USDC #BigTechStablecoin #TrumpVsMusk #MarketPullback #CircleIPO #CUDISBinanceTGE According to a notice from ChainCatcher, the DeFi protocol ALEX built on the Stacks platform has announced it was attacked due to a logical flaw in the token listing verification process. The attacker withdrew funds from various asset pools, resulting in total damages of approximately 8.37 million USD. Specifically:
Lost 8.4 million STX (approximately 5.69 million USD)
Lost 21.85 sBTC (approximately 2.24 million USD)
Lost 149,850 USDC/USDT (approximately 149,850 USD)
Lost 2.80 WBTC (approximately 287,400 USD)
The ALEX Lab fund announces it will use the treasury to fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain exchange rate from 18:00 to 22:00 on June 6, 2025 (UTC+8).
Affected wallet addresses will receive a separate notification before 7:59 on June 9, 2025 (UTC+8), including a compensation request form. Users need to submit the form and confirm the wallet address for receiving funds before 7:59 on June 11, 2025 (UTC+8). After confirmation, the compensation USDC will be transferred within 7 working days.
