According to Odaily, Bitcoin DeFi tool Alex Lab has released an update regarding a recent security incident on platform X. The team has launched a new page for all affected users to verify their liquidity provider (LP) positions. This is a crucial step as the officials are preparing to allocate assets recovered from the attacker and plan for a treasury grant.
Please note that the following pools are not affected and are not included in the LP verification: xUSD/USDA stableswap; STX/ALEX (legacy); STX/xBTC (legacy); STX/sUSDT (legacy); ALEX/Banana; ALEX/USDA; ALEX/DIKO; STX/Welsh.
In previous news, Alex Lab had suffered a loss of $4.3 million due to a hacker attack. Following the incident, Alex Lab stated that based on the investigation results and discussions with security partners, it seemed unlikely that the attacker would negotiate. Therefore, they will continue to cooperate with law enforcement agencies, seeking their support in recovering and tracking the attacker.
In addition, Alex Lab is deploying the ALEX reserves held by the Alex Lab Foundation to fund the treasury grant program. The current priority is to recover a total of 13.7 million STX and develop a funding program to support affected users.
