📢Blockchain News Flash! Bitcoin DeFi tool Alex Lab released a security incident update, launching a new page for all affected users to verify their liquidity provider (LP) positions. 💼This is an important step as officials are preparing for the treasury grant program and allocation to recover assets from the attacker. 🔐Please follow the instructions on the official page.

📌It is worth noting 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.

🔍To recap, Alex Lab recently lost $4.3 million in a hack. 🕵️‍♀️Based on the results of the investigation and discussions with security partners, the attacker seems unlikely to negotiate, so we will continue to work with law enforcement to seek 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 financial grant program. The current priority is to recover a total of 13.7 million STX and develop a grant program to support affected users. 🚀Let us witness the power of Bitcoin together!