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Alex Labs rolls out post-exploit recovery plan

Alex Labs rolls out post-exploit recovery plan

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Source: Coin Telegraph

Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations.

Alex Labs, a Bitcoin layer-2 (L2) developer, announced its roadmap to restore community trust and restart operations on its platform after a recent breach.

The Alex Labs Foundation has two ongoing governance votes, including the re-opening of pools and plans to roll out the migration of its native token and automated market maker (AMM).

The Alex Lab Foundation hosted an X Space on May 29, during which the team detailed the recovery process, answered community questions, and discussed governance.

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Author: Josh O'Sullivan