🔍Blockchain security firm CertiK reports a potential $4.3M heist on the Alex protocol bridge on the BNB network. The heist happened after a sudden contract upgrade. The Alex deployer account performed five identical upgrades to the Bridge Endpoint contract, after which Binance-Pegged Bitcoin (BTC), USD Coin (USDC), and Sugar Kingdom Odyssey (SKO) were removed. The upgrade was performed by the protocol’s deployer account, leading CertiK to suspect a private key compromise. The Alex team has yet to comment. Meanwhile, the crypto world watches, popcorn in hand. 🍿