ALEX Protocol Loses $8.37M in Hack Due to Security Flaw
ALEX Protocol Exploit: On June 6, 2025, ALEX, a leading Bitcoin DeFi platform, was exploited due to a flaw in its self-listing verification process, resulting in the theft of over $8.37 million in various assets.
User Reimbursement Commitment: ALEXLabBTC announced it will reimburse all affected users 100% in USDC from its foundation's funds, with a structured claim process and a commitment to prioritize user recovery following the incident.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ALEX
Technical Sentiment Analysis for ALEX Lab (ALEX) As of , ALEX Lab (ALEX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALEX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ALEX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
ALEX Lab (ALEX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000579 | 0.000716 | 0.00082 | 0.000957 | 0.00106 | 0.0012 | 0.0013 |
| Fibonacci | 0.000716 | 0.000808 | 0.000865 | 0.000957 | 0.00105 | 0.00111 | 0.0012 |
About ALEX
About the author
