DeFi tool Alex Lab loses $4.3 million due to hack
Earlier on Wednesday, more than $4.3 million was stolen from various tokens of Bitcoin DeFi app ALEX Lab after a suspected private key leak attacked its bridging service, Golden Finance reported. CertiK said the attackers may have obtained the private keys that control ALEX’s XLink bridge, a service that allows users to transfer tokens between different blockchains. The hackers moved over $300,000 worth of Bitcoin, $3.3 million worth of stablecoins, and $75,000 worth of Sugar Kingdom (SKO) tokens. ALEX developers confirmed the hack in an X post in the early hours of European time, claiming they knew the identity of the attacker. The team offered them a 10% bounty to return 90% of the stolen funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum’s $2,540 Retest Becomes Key Test for the Rally
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
Crypto prices
More
