ChainCatcher news, the Bitcoin DeFi platform Liquidium distributed 10% of its token supply during its Token Generation Event (TGE), with 7% allocated to Liquidium users and 3% allocated to specific Ordinals communities. This airdrop marks the end of the Liquidium Genesis Season and the beginning of Season 1, during which user rewards will last for two months.Previous news, Liquidium announced on July 18 that it raised $2.75 million in seed funding.

ChainCatcher message, Bitcoin DeFi platform ALEX announced the upcoming launch of a new page that allows affected users to verify their liquidity provider (LP) positions in preparation for financial grants and asset distribution.Efforts are actively underway to recover assets; aside from 13.8 million STX frozen in major CEX accounts and the attacker's on-chain wallet, other tokens are secure.A report has been filed in Singapore and submitted to 24 major CEXs, with a report also being made in Panama.Additionally, it stated that a financial grant plan will soon be developed to support the affected community. ALEX AMM will gradually reopen, ensuring that safety measures are in place.

ChainCatcher news, Bitcoin DeFi platform Alex announced the discovery of a vulnerability in the XLink bridge and has actively collaborated with exchanges, partners, and ecosystem contributors to address the situation.Most of the funds related to the hacker have been frozen by major exchanges to prevent further abuse. ALEX Labs has identified the responsible party for the recent security breach and has proposed a bounty arrangement to resolve the issue. The ALEX team proposed a 10% bounty on the stolen funds in exchange for the return of 90% of the assets. ALEX guarantees that there will be no further pursuit or involvement of law enforcement after compliance with the conditions. This proposal is valid until May 18 at 08:00 UTC.Previously, it was reported that various tokens from the Bitcoin DeFi application ALEX Lab were stolen, amounting to over $4.3 million.

ChainCatcher news, Hong Kong listed company Blueport Interactive (08267.HK) under the crypto investment and research institution LK Venture announced a strategic investment in the one-stop DeFi service platform ALEX Lab through the Bitcoin network ecological investment management fund BTC NEXT.According to the crypto data platform RootData, ALEX Labs is a Bitcoin DeFi platform based on the Stacks blockchain. It has now become a DeFi protocol built on Bitcoin and BRC-20 tokens, focusing on the next generation of Bitcoin users, innovators, and the broader ecosystem.

ChainCatcher news, the one-stop DeFi service platform for Bitcoin, ALEX, announced that it will support the first inscription protocol STX20 on the Stacks network, integrating its oracle to establish a more secure trading standard for assets issued on Bitcoin. Once liquidity is in place, ALEX will open trading.It is reported that ALEX has launched the Alpha version of the Bitcoin oracle, introducing features such as BRC20 verification and an index performance dashboard.

ChainCatcher news, the Bitcoin DeFi platform Alex based on the Stacks ecosystem has completed a $2.5 million strategic round of financing, with participation from Trust Machines and Gossamer Capital. In addition to a decentralized exchange, Alex also offers staking, yield farming, and launchpad services. The funds raised will be used to continue building decentralized finance in the Bitcoin ecosystem and expand the user community.According to the crypto data platform RootData, Alex announced the completion of a $5.8 million seed round financing in November 2021, led by White Star Capital, with participation from institutions such as Cultur3, OKX Ventures, and CatcherVC. (Source link)