$43M UXLINK Phishing Attack Triggers 65% Token Plunge
6
3
BTCCSquare news:
UXLINK, a Web3 social network, suffered a $43 million phishing exploit resulting in the transfer of 542 million tokens to malicious addresses. The attack precipitated a 65% collapse in the token's value as security teams scramble to trace the stolen assets.
Blockchain analysts confirm the hacker's movements but have yet to identify the perpetrator. The incident underscores persistent vulnerabilities in decentralized social platforms, particularly during periods of rapid adoption.
By:
