{"id":673984,"date":"2025-06-07T16:49:57","date_gmt":"2025-06-07T13:49:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-defi-platform-alex-protocol-loses-8-3m-to-exploit\/"},"modified":"2025-06-07T16:49:57","modified_gmt":"2025-06-07T13:49:57","slug":"bitcoin-defi-platform-alex-protocol-loses-8-3m-to-exploit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-defi-platform-alex-protocol-loses-8-3m-to-exploit\/","title":{"rendered":"Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzRhMTMtYjJlZC03ZWU0LWE5NDktNGQxODFmOTRhZDNj.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.<\/p>\n<p><p>Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.\u00a0\u00a0<\/p>\n<p>In an X <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ALEXLabBTC\/status\/1931014419133169734\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/ALEXLabBTC\/status\/1931014419133169734\">announcement<\/a>, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools.\u00a0<\/p>\n<p>The Bitcoin DeFi platform said the attackers siphoned about 8.4 million Stacks (<a rel=\"nofollow\" target=\"_blank\" href=\"\/stacks-stx-price-index\">STX<\/a>) tokens, 21.85 Stacks Bitcoin (sBTC), 149,850 in USDC (<a rel=\"nofollow\" target=\"_blank\" href=\"\/usdc-price-index\">USDC<\/a>) and USDt (<a rel=\"nofollow\" target=\"_blank\" href=\"\/tether-price-index\">USDT<\/a>), and 2.8 Wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed Bitcoin (<a rel=\"nofollow\" target=\"_blank\" href=\"\/wrapped-bitcoin-price-index\">WBTC<\/a>). The incident is one of the largest exploits in the Stacks ecosystem to date.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-defi-platform-alex-protocol-loses-8-3m-to-exploit?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process. Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.\u00a0\u00a0 In an X announcement,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":673985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/01974a13-b2ed-7ee4-a949-4d181f94ad3c","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74868,74882,70375,70944,72287],"class_list":["post-673984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-defi","tag-hacks","tag-cybersecurity","tag-hackers","tag-security"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/673984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=673984"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/673984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/673985"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=673984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=673984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=673984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}