ALEX Protocol Hacked for $8.37M: Platform Promises Full Reimbursement
On June 6, 2025, Bitcoin-based DeFi protocol ALEX suffered a critical security breach that resulted in a loss of over $8.37 million in digital assets. The hack exploited a vulnerability in ALEX’s self-listing verification process, allowing an attacker to bypass listing rules and siphon off major tokens including STX, sBTC,