According to Cyvers Alerts, the system detected multiple suspicious transactions involving UPCX Official. It appears that someone gained access to address 0x4C, upgraded the "ProxyAdmin" contract, and executed the "withdrawByAdmin" function, resulting in the transfer of 18.40 million UPC (approximately $70 million) from three different administrative accounts.
As of now, all funds remain in address 0xFf7 and no exchange has been detected. The official team has acknowledged the incident and said "unauthorized activity was detected".
Cyvers: Multiple suspicious transactions involving UPCX Officials detected, 18.40 million UPCs diverted
2025-04-01 12:32:44
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