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Showing posts with the label token theft

UXLINK goes from bad, to worse, to weird after hacker loses stolen tokens

Yesterday, a hack hit Japanese “AI-powered web3 social platform and infrastructure” UXLINK, initially draining $11 million worth of crypto from the project’s multi-signature wallets. The hack was flagged by blockchain security firm Cyvers before being acknowledged by UXLINK around an hour later. Cyvers noted the change of ownership and the loss of ether, bitcoin, stablecoins USDC and USDT, and UXLINK tokens.  Following the initial loss, however, things took a turn for the worse, both for UXLINK and the hacker . In a later update, the UXLINK team notified users that their token contract had also been compromised, and freshly-minted UXLINK tokens flooded into the attacker’s addresses. Almost 12 hours passed between the initial compromise and the attacker minting a billion UXLINK. Do *NOT* interact with $UXLINK token !!! The token is now compromised as today's @UXLINKofficial hacker has gained the mint role and 1B $UXLINK tokens were just minted on arbitrum...