Bithumb has designated ALEX as a trading warning project following a security breach that resulted in the theft of over $8 million. The South Korean exchange has suspended deposits and withdrawals for ALEX, with further updates expected in the second week of July. The DeFi protocol suffered a loss of approximately $8.37 million due to a logic vulnerability attack, and ALEX has committed to fully compensating affected users.
Bithumb Flags ALEX After $8 Million Hack, Halts Trading
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