Key Notes

UXLINK’s multi-signature wallet hacked, millions in tokens stolen.

The original hacker lost $48 million to a separate phishing attack.

UXLINK price plunges over 75%, now trading near $0.08.

AI-powered Web3 platform UXLINK recently suffered a major security breach on September 22. Initially, a malicious actor compromised UXLINK’s multi-signature wallet and began unauthorized minting of UXLINK tokens, a move that violates the project’s whitepaper.

According to LookOnChain, the hacker minted 2 billion UXLINK and obtained about 490 million tokens. They transferred large sums to decentralized exchanges to secure roughly 6,732 ETH (about $28.1 million).

UXLINK was hacked!

The hacker received 490M $UXLINK and also minted 2B $UXLINK .

The hacker has sold a massive $UXLINK o

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