Although AllianceBlock claims that the hack did not compromise its smart contracts, it has failed to ease the concerns of investors
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A recent announcement by AllianceBlock revealed that a group of hackers had successfully stolen a significant amount of AllianceBlock (ALBT) tokens from Bonq, a decentralised borrowing protocol.
The total value of the stolen tokens has been estimated to be around $5 million, causing concern and disappointment among the platform's users and the wider crypto community.