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TechFlow, June 6 — Bithumb announced that potential security issues have been identified with the ALEX project, leading to the suspension of deposit and withdrawal services for ALEX and STX. Investors are advised to remain cautious regarding price fluctuations of the ALEX token.
Notably, ALEX is a DeFi protocol built on Stacks, the Layer-2 network for Bitcoin.
Bithumb released an announcement stating that potential security issues have been identified with the ALEX project, and has suspended deposit and withdrawal services for ALEX and STX, reminding investors to be cautious of ALEX token price volatility. ALEX is a DeFi protocol built on Stacks, a Layer 2 network for Bitcoin.
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