UXLINK in Crisis Mode: $11.3M Hack Sparks Police Intervention

UXLINK scrambles to contain a devastating security breach that drained millions from its platform.

Emergency Response Activated

The platform's security team detected abnormal transaction patterns early Tuesday morning, triggering immediate protocol shutdowns. Internal systems went into lockdown mode within minutes of the breach detection.

Law Enforcement Involvement

UXLINK executives have formally involved cybercrime units across multiple jurisdictions. Forensic analysts are tracing the digital trail while authorities coordinate international investigation efforts.

Market Impact Assessment

The $11.3 million exploit represents one of the largest security incidents this quarter. Trading activity froze as the team worked to prevent further fund drainage.

Security Overhaul Promised

Platform architects are rebuilding core infrastructure with enhanced encryption protocols. The incident exposes the perpetual cat-and-mouse game between crypto platforms and sophisticated threat actors.

Another day, another reminder that in crypto, your funds are only as secure as the weakest link in the codebase.

UXLINK responds as breach overshadows recent milestones

UXLINK acknowledged the exploit less than an hour after Cyvers’ alert, issuing what it called an “urgent security notice” to its users. While the official communication did not specify the exact figure, it confirmed that a “significant amount of cryptocurrency” had been illicitly transferred to both centralized and decentralized exchanges.

“We have already reached out to major CEXs and DEXs to urgently freeze suspicious UXLINK deposits and are coordinating closely with them to prevent further movement of funds. The incident has been reported to the police and relevant authorities to accelerate legal action and recovery efforts,” the team wrote on X.

UXLINK’s MOVE to involve law enforcement underscores the severity of the incident and the project’s intent to pursue all available avenues for restitution. Notably, the timing of the hack carries added weight for the Web3 social platform.

Just three months ago, the Tokyo-headquartered project celebrated its third anniversary in July, an event that highlighted a period of remarkable growth. UXLINK reported its registered user base surging to over 55 million, with a presence in more than 100 countries, and emphasized its commitment to regulatory compliance and product innovation.

The hack now poses a direct challenge to that very narrative of maturation and stability. The breach of a Core administrative wallet stands in stark contrast to the image of a robust, compliance-first infrastructure provider that UXLINK has carefully cultivated.

The platform has yet to issue another update as of press time.