Bitcoin
Bitcoin (BTC)
$64,166.00 -0.98535
Bitcoin price
Ethereum
Ethereum (ETH)
$3,404.87 -1.48381
Ethereum price
BNB
BNB (BNB)
$572.76 -0.28847
BNB price
Solana
Solana (SOL)
$162.87 1.2044
Solana price
XRP
XRP (XRP)
$0.5532410 -4.89214
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.99351
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -4.26099
Pepe price
Bonk
Bonk (BONK)
$0.0000276 0.58266
Bonk price
Bitcoin
Bitcoin (BTC)
$64,166.00 -0.98535
Bitcoin price
Ethereum
Ethereum (ETH)
$3,404.87 -1.48381
Ethereum price
BNB
BNB (BNB)
$572.76 -0.28847
BNB price
Solana
Solana (SOL)
$162.87 1.2044
Solana price
XRP
XRP (XRP)
$0.5532410 -4.89214
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.99351
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -4.26099
Pepe price
Bonk
Bonk (BONK)
$0.0000276 0.58266
Bonk price
Bitcoin
Bitcoin (BTC)
$64,166.00 -0.98535
Bitcoin price
Ethereum
Ethereum (ETH)
$3,404.87 -1.48381
Ethereum price
BNB
BNB (BNB)
$572.76 -0.28847
BNB price
Solana
Solana (SOL)
$162.87 1.2044
Solana price
XRP
XRP (XRP)
$0.5532410 -4.89214
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.99351
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -4.26099
Pepe price
Bonk
Bonk (BONK)
$0.0000276 0.58266
Bonk price
Bitcoin
Bitcoin (BTC)
$64,166.00 -0.98535
Bitcoin price
Ethereum
Ethereum (ETH)
$3,404.87 -1.48381
Ethereum price
BNB
BNB (BNB)
$572.76 -0.28847
BNB price
Solana
Solana (SOL)
$162.87 1.2044
Solana price
XRP
XRP (XRP)
$0.5532410 -4.89214
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.99351
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -4.26099
Pepe price
Bonk
Bonk (BONK)
$0.0000276 0.58266
Bonk price

Bitcoin defi tool developer ALEX Lab says Lazarus Group likely behind $4m hack

bitcoin-defi-tool-developer-alex-lab-says-lazarus-group-likely-behind-4m-hack
Edited by
News
Bitcoin defi tool developer ALEX Lab says Lazarus Group likely behind $4m hack

The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack.

North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. 25, ALEX Lab’s official account said there’s “substantial transaction evidence” showing that the attack is linked to the Lazarus Group.

In mid-May, ALEX Lab was drained of more than $4.3 million in multiple tokens following the attack on its bridging service. Shortly after the attack, ALEX Lab developers revealed in a now-deleted X post they “identified the individual responsible for the recent security breach.” At the same time, the team offered a 10% bounty for the return of 90% of the stolen funds. Later on, the post was quietly removed without further explanation.

The ALEX Lab team assures its customers that it is “actively collaborating with international law enforcement and cybersecurity experts to address the implications of this attack and to recover lost assets,” adding that “enhanced security protocols are being implemented.”

Launched in 2021 by former bankers Chiente Hsu and Rachel Yu, ALEX Lab was developed to simplify the use of decentralized finance (defi) services on Bitcoin via Stacks, a platform for smart contracts. According to data from CoinCarp, the startup raised a total of $18.3 million, though its valuation hasn’t been disclosed.