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Alex Labs rolls out post-exploit recovery plan

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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Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From PartnerOn March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, […]

HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development