Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Bitcoin layer-2 Alex Protocol was hacked for $8.3 million, spot Ether exchange-traded funds (ETFs) have recorded inflows for 15 consecutive days, and US lawmakers remain divided over digital asset legislation, as questions mount about President Donald Trump’s ties to the industry.
Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.
In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools.
