Overview

• Investigators say a delegateCall exploit let the attacker remove admin rights and seize UXLINK’s multisig wallet.
• The attacker minted an estimated 1–2 billion tokens, sold roughly 490 million on DEXes, and converted proceeds to about 6,732 ETH (around $28.1 million).
• UXLINK reports most exchange-held funds tied to the hack have been frozen, with platforms including Upbit halting suspect deposits.
• The team engaged PeckShield, notified law enforcement, and asked users to avoid trading as it coordinates with major CEXs and DEXs.
• UXLINK’s token plunged more than 70% after the breach, erasing roughly $70 million in market value, though the project says user wallets were not directly affected.