UXLINK was hacked and plummeted by 80% and investors lost all their money

UXLINK, a Web3 social platform and infrastructure provider, morning security company Cyvers issued an early warning that its system detected suspicious transactions involving UXLINK for about $11.3 million.An Ethereum address executes delegateCall, removes the administrator role, and calls the “addOwnerWithThreshold” function and transfers 4 million USDT, 500,000 USDC, 3.7 WBTC and 25 ETH.All USDC/USDTs have been transferred.

Now confirmed by the project party, UXLINK tweeted about the multi-signature wallet attack, “We have discovered that there are security vulnerabilities in our multi-signature wallet, resulting in the illegal transfer of a large number of cryptocurrencies to CEX and DEX. Our team is working 24/7 with internal and external security experts to identify the root cause and control the development. We have contacted major CEXs and DEXs to urgently freeze suspicious UXLINK deposits and are working closely with them to prevent further flow of funds. The incident has been reported to the police and relevant departments to speed up legal action and recovery efforts. We will continue to work on transparency and will continue to provide timely updates to the community when new progress occurs.”

When UXLINK went online to Upbit, it rose fiercely for several months. Many sticks took over. Now, it is obvious that many sticks are cursing.

The above is the so-called official disclosure, which is called “suspected hacker attack”, but as we all know, there are many project parties in the currency circle who love to do the trick of “guarding and stealing themselves”. Many people suspect that it was done by the project parties themselves and gave themselves a reason to ship them reason.

The most important thing is that the official posted the day before that “the big one is coming”, which is intriguing.

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