Based

DeFi

Bitcoin

A large hack that occurred in May and involved a phishing assault that got access to cash housed in one of Alex Lab's vaults was disclosed by Alex Lab, a platform that is based on Bitcoin and provides decentralized finance.  
Assets such as aBTC, sUSDT, XBTC, xUSD, ALEX, atALEX, LiSTX, SKO, CHAX, $B20, ORDG, ORMM, ORNJ, TRIO, TX20, and STXS were among those that were compromised.  
Around 13.7 million STX were transferred by the <a href="https://optimisus.com/news/crypto-news/ripple-was-hacked-for-around-213-million-xrp-worth-over-112-5-million/" rel="noopener noreferrer nofollow">attacker</a>, with three million of those STX being transmitted to controlled exchanges like as Binance and Kraken.  
Even though almost all of the cash were recovered, there was still a total of four million dollars that needed to be retrieved.  
Based on the findings of the investigation, it was discovered that the attacker carried out almost 10,000 transactions within a month, distributing STX tokens to a large number of new addresses before directing them into CEXs.  
The investigation, which was supported by the crypto detective ZachXBT, revealed evidence that established a connection between the attack and the Lazarus Group, which is a well-known hacker operation based in North Korea.  
As a result of the revelation, Alex Lab has increased its interactions with law enforcement and cybersecurity specialists in order to recover stolen funds and address broader consequences.

A Bitcoin-based DeFi protocol loses $4 million in funds to hackers

Optimisus

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