Bitcoin DeFi tool Alex Lab released an update on the recent security incident on the X platform: the team has launched a new page for all affected users to verify their LP (liquidity provider) positions. This is a critical step as the official is preparing for the treasury grant plan and allocation to recover assets from the attacker. Please follow the instructions on the official page.
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.
According to previous news, Alex Lab recently lost $4.3 million due to a hacker attack. Alex Lab has since stated that based on the results of the investigation and discussions with security partners, the attacker seems unlikely to negotiate, so it will continue to work with law enforcement to seek their support for recovering and tracking the attacker.
In addition, Alex Lab is deploying the ALEX reserves held by the Alex Lab Foundation to fund a financial grant program, with the current priority being to recover a total of 13.7 million STX and develop a grant program to support affected users.