📢Fresh and hot news in the blockchain industry! Bitcoin DeFi application Alex Lab recently suffered a targeted attack. The attacker took over the administrator privileges of a vault related to the ALEX liquidity pool, affecting all assets in it, including about 13.7 million STX, of which about 3 million have been sent to various CEXs, and the balance is kept in several wallets. 😱

But don't worry, the Alex Lab team has recovered all aBTC, sUSDT, xBTC, xUSD, ALEX, atALEX, LiSTX, LUNR, SKO, CHAX, $B20, ORDG, ORMM, ORNJ, TRIO, TX20 and STXS. In addition, ALEX's smart contract code and infrastructure have not been compromised. 👏

The team is closely monitoring the attacker's wallet and has notified all relevant CEXs. All known CEX accounts associated with the attacker have been frozen. At the same time, the team has identified a portion of the stolen funds and is recovering them from a CEX. 🔍

To further recover the stolen funds, the team is preparing to file a police report and will receive police support to assist in fund recovery efforts if the attacker does not cooperate in a timely manner. 👮‍♂️

Finally, officials said that since there is no guarantee that all stolen funds can be recovered, they are evaluating using the ALEX reserves held by the Alex Lab Foundation to fund a treasury grant program to support the community affected by the attack. 💪

The Bitcoin DeFi application Alex Lab has been attacked, but the team is doing its best to recover the stolen funds, and we remain confident in the future of Bitcoin! 💖