Bitcoin Layer-Two Bridge Exploit: ALEX Lab Details Laundering Scheme

ALEX Lab, a Bitcoin layer-two (L2) network bridge, has issued an update on the recent hack that resulted in the theft of millions of dollars in cryptocurrency, detailing the perpetrator’s ongoing efforts to launder the stolen funds. According to the update, as of 11 AM, June 17, the perpetrator has executed more than 9,700 transactions, The post Bitcoin Layer-Two Bridge Exploit: ALEX Lab Details Laundering Scheme appeared first on Coin Edition .

Source: Coin Edition