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Jun 10, 2025
ALEX Protocol Reports Theft of Over 8 Million Dollars
In June 2025, ALEX Protocol became the victim of a data breach when threat actors exploited a vulnerability in the platform's self-listing verification logic, resulting in losses of approximately $8.37 million. According to ALEX Protocol, around 8.4 million stacks (stx) tokens, 21.85 stacks bitcoin (sbtc), 149,850 in USDC and USDT, and 2.8 wrapped bitcoin (wbtc) were taken, including various cryptocurrencies.