Alex Labs has released a post-breach recovery roadmap and enhanced security measures
Alex Labs has announced a recovery roadmap and strengthened security measures after disclosing the vulnerability. The team has two ongoing governance votes: the Treasury Grant Program (TGP), which is crucial for restoring community assets, and the reopening of voting for unaffected pools. The purpose of the TGP governance vote is to decide how to best utilize the recovered assets and other resources. However, due to the synthetic nature of the solutions, there are inherent risks associated with choosing Option 3 and Option 4.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Historical patterns indicate Bitcoin breakout imminent
Bitfarms and Riot Platforms settle dispute with board changes
Caroline Ellison faces sentencing for role in FTX collapse
Giant Whale, Who Previously Profited $145 Million from Shiba Inu (SHIB), Sees Huge Profits Again in New Altcoin Choice
According to Onchain data, a major crypto whale made a new trade following his previous Shiba Inu trade.