Data leak
[loss] $8M+
"Stacks-based Alex Lab to reimburse users after $8.3 million exploit as token drops 45%"
Primary Source ↗Financial Loss
$8.3M
(8,300,000 USD)
Incident Details
ALEX Lab lost $8.3 million in various currencies after an attacker exploited a flaw in the project’s smart contracts that allowed them to create a malicious token. They drained a number of pools on the protocol, amounting to around $8.3 million.ALEX announced they would reimburse stolen user funds.This is the second exploit affecting ALEX Labs, after a thief stole around $2 million in May 2024.
Total loss estimated at $8,300,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- ALEX Lab
Timeline
- 2025-06-06 Breach occurred
- 2025-06-06 Publicly disclosed