UXLINK Security Breach: $11 Million Vanishes, Token Plummets 70% - Crypto’s Latest Bloodbath
Another day, another crypto heist—UXLINK joins the hall of shame with an eight-figure security breach that vaporized investor confidence overnight.
The Aftermath
Digital thieves made off with over $11 million while UXLINK's token got absolutely demolished—crashing 70% in a classic crypto panic sell. The platform's security protocols apparently offered as much protection as a screen door on a submarine.
Market Reaction
Traders scrambled for exits as the token chart resembled a cliff dive. The breach exposes the brutal reality that in crypto, your assets are only as secure as the weakest smart contract—another brutal reminder why traditional finance types still call this sector the wild west.
Just when you thought the market was maturing, a single vulnerability proves the entire ecosystem remains one clever hacker away from disaster. But hey—at least the blockchain recorded the theft immutably.
The Web3 social infrastructure project UXLINK fell victim to a massive hack on September 22, 2025. Hackers managed to drain over $11.3 million worth of assets, including stablecoins, ETH, WBTC, and millions of UXLINK tokens, by targeting its multi-signature wallet.
The news sparked panic across the community, crashing the UXLINK token value by more than 70%.
How the UXLINK Hack Happened
Blockchain security firms revealed that hackers gained access to UXLINK’s multi-signature admin wallet by exploiting a “delegateCall” vulnerability. This allowed the attackers to remove current administrators and install their own address as the new owner, seizing full control of the wallet.
They quickly drained $11.3 million in assets, including around $4.5 million in stablecoins and sizable chunks of ETH and WBTC, while stealing 490 million native UXLINK tokens.
ALERTOur system has detected $11.3M in suspicious transactions involving @UXLINKofficial
An ETH address executed a delegateCall, removed the admin role, and called "addOwnerWithThreshold" before transferring $4M $USDT, $500K $USDC, 3.7 $WBTC, and 25 $ETH.
All USDC/USDT were… pic.twitter.com/fkHwygOHkD
Shockingly, the exploit also enabled the hackers to mint approximately 2 billion new UXLINK tokens, which they rapidly sold across various exchanges.
The attacker wasted no time in cashing out. Through six different wallets, they transferred a substantial portion of the stolen tokens across decentralized exchanges (DEXes), converting them into 6,732 ETH, worth approximately $28.1 million.
Who Did It? The “Inferno Drainer” Group
While the direct identity of the original hacker remains unknown, on-chain analysts Odaily revealed an ironic twist, after transferring the stolen tokens, the hacker themselves fell victim to a phishing scam by the notorious Inferno Drainer group.
This resulted in the hacker losing over 542 million UXLINK tokens to another set of malicious actors, highlighting the hazards the DeFi landscape poses to all participants, including thieves.
UXLINK’s Quick Response
Within an hour of detecting the breach, UXLINK issued urgent security alerts and immediately began working with major centralized (CEX) and decentralized exchanges (DEX) to freeze suspicious deposits.
Urgent Security Notice
We have identified a security breach involving our multi-signature wallet, resulting in a significant amount of cryptocurrency being illicitly transferred to both CEXs and DEXs.
Our team is working around the clock with both internal and external security…
The project confirmed that law enforcement and regulators were notified and that blockchain forensics firms, including PeckShield, were engaged for fund tracing and auditing.
While most of the hacker’s funds were quickly frozen by exchanges, the ongoing unauthorized minting has compelled UXLINK to announce an emergency token swap initiative.
UXLINK Token Crashed 70%
The illicit token sales, paired with panic dumps from the broader community, caused UXLINK’s token price to drop from $0.30 to as low as $0.09, erasing nearly $70 million in market capitalization in hours.
