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ALEX Protocol Faces Possible $8.37M Loss in Hack Exploiting Security Flaw on Stacks 💔

ALEX Protocol experienced a major security breach on June 6, 2025, which led to a loss of $8.37 million. The breach exploited a vulnerability in the protocol's self-listing verification process on the Stacks platform. This incident highlights the critical need for robust security measures in the cryptocurrency space.

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