The @UXLINKofficial exploit shows how a single line of vulnerable code can destroy a project. 🧨
2 days ago, attackers exploited a delegateCall vulnerability in their multisig wallet, gaining admin rights and minting billions of $UXLINK tokens.
🧵 🧵
In response, UXLINK team suspended trading on major CEXs, froze hacker-linked addresses, and initiated a token migration to a new audited Ethereum contract without mint-burn functions. 🛑
They're working with law enforcement for recovery, and snapshots ensure fair compensation.
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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