DeFiBearishcrypto.news · 3h ago7/10
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Alex Lab hack reportedly hits SPD Bank clients after earlier $8.3M exploit
Alex Lab, a Bitcoin DeFi protocol, has suffered a security breach that reportedly affected customers of Shanghai Pudong Development Bank, marking a spillover from crypto into traditional finance. This incident follows an earlier $8.3M exploit on the platform, raising concerns about the protocol's security infrastructure and the interconnected risks between decentralized and traditional financial systems.
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