Alex Lab: Starting from June 5, all ALEX revenue will be used to compensate users affected by the hacking incident

ChainCatcher message, Alex Lab officially announced on social media an update regarding the theft incident, stating, "We are committed to transparency and user compensation. Starting from June 5, 2024, all ALEX's revenue will be used to compensate users affected by the hacking incident."

Previously, ALEX Lab suffered an attack resulting in a loss of $4.3 million and promised to offer a 10% bounty to the hacker for the return of the stolen assets. Since then, they have recovered some of the stolen funds and are considering remedies for the affected users.