Security firm Cyvers' systems detected a $11.30 million suspicious transaction involving UXLINK.
An Ethereum address executed delegateCall, removed administrator privileges, and called "addOwnerWithThreshold", and then transferred out 4 million USDT, 500,000 USDC, 3.7 WBTC, and 25 ETH.
All USDC/USDT were exchanged for DAI on the Ethereum network, while USDT on the Arbitrum network was exchanged for ETH and transferred across the chain to the Ethereum network. A few minutes later, another address received 10 million UXLINK (about $3 million) and started to exchange, still holding about $2.20 million unexchanged (transaction is still in progress).
UXLINK suspected of being attacked, losing more than 11 million dollars
2025-09-22 16:55:55
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