Bitcoin DeFi platform Alex Protocol experienced an $8.3 million exploit due to a vulnerability in its self-listing verification logic. The platform plans to reimburse affected users in USDC.
Tag: DeFi
NFT Artist’s $3M Lesson: Crypto Taxes and Market Volatility
Musician Jonathan Mann’s story of making $3 million from NFTs and losing it all to taxes and a crypto crash serves as a stark reminder of the risks and complexities in the crypto space.
Alex Protocol Suffers $8.3M Exploit: What it Means for Bitcoin DeFi
Bitcoin DeFi platform Alex Protocol experienced an $8.3 million exploit due to a vulnerability in its self-listing verification. Here’s the impact and what it means for DeFi security.
NFT Cautionary Tale: Musician’s $3M Crypto Windfall Turns into Tax Nightmare
Musician Jonathan Mann’s experience highlights the risks of navigating crypto taxes and market volatility after his NFT sales led to a hefty tax bill exceeding his earnings.
Alex Protocol Suffers $8.3M Exploit: Impact and What It Means for Bitcoin DeFi
Bitcoin DeFi platform Alex Protocol experienced an $8.3 million exploit, highlighting vulnerabilities in the emerging Bitcoin DeFi space. Here’s what happened and why it matters.