$UXLINK plummeted 71.9% within two hours
$11.3 million evaporated
$UXLINK encountered hackers
The attackers experienced a backstabbing
👇👇👇
Attackers operated⌨️
At 00:43, the attackers removed the administrator privileges of the UXLINK multi-signature wallet and added control for themselves. Subsequently, funds poured out like a breached dam:
4 million $USDT, 500,000 $USDC, 3.7 $WBTC, and 25 $ETH were instantly drained.
All stablecoins were exchanged for $DAI and underwent complex cross-chain transfers (Ethereum → Arbitrum → Ethereum), attempting to cover their tracks.
A more deadly blow: another address received 10 million $UXLINK and immediately began dumping on the market!
Market confidence was instantly shattered, panic selling poured in, and the uxlink price plummeted sharply, dropping 71.9% within 24 hours, falling from a high of a mere $0.08529.
Holders' assets shrank by more than two-thirds overnight, and the community was filled with wails of despair. And this is just the beginning...
