Stacks-based Alex Lab to reimburse users after $8.3 million

📌 Stacks-based Alex Lab to reimburse users after $8.3 million exploit as token drops 45% – The exploit was Alex Labs second major exploit in as many years, and the recovery process from last years exploit has yet to conclude.

Alex Lab, a project built on the #Blockstack ecosystem, has committed to reimbursing its users following a devastating $8.3 million exploit, which saw its token value plummet by 45%. Alex

$STX

Alex Lab, a project built on the #Blockstack ecosystem, has committed to reimbursing its users following a devastating $8.3 million exploit, which saw its token value plummet by 45%. This marks Alex Lab’s second major security breach in two years, with the recovery from last year’s incident still unresolved. The team is working diligently to address the vulnerabilities and ensure user funds are restored promptly. Despite the setback, Alex Lab remains steadfast in rebuilding trust and enhancing security measures to prevent future breaches. #CryptoRecovery