DeFi protocol Alex Labs suspects Lazarus group’s involvement in $4 M hack
Alex Labs, a layer-2 developer for Bitcoin, was exploited for $4 million in May 2024. The team now believes the attack was orchestrated by the infamous North Korean Lazarus Group. According to details shared in a June 25 post, Alex Labs disclosed three wallet addresses used in the May 16 exploit. Lazarus group linked to exploitThe team revealed that it has collaborated with on-chain investigator ZachXBT. The investigation has unearthed evidence that links the attack to the Lazarus group. An address identified by ‘0x418e…0c4e’ was directly linked to the exploit. Funds from this address were sen...