In a move that probably makes Elon Musk’s Twitter escapades look like a mild inconvenience, UXLINK’s token value is plummeting faster than a Vogon poetry recital after Cyvers sniffed out a cheeky $11.3 million hack. Yes, hackers managed to snag UXLINK tokens worth $3 million, plus a delightful assortment of other shiny digital trinkets. 🕵️♂️💸
Apparently, these cyber-pirates broke into the multi-signature wallet – which, despite its fancy name, apparently wasn’t multi-sufficiently secure – and have been merrily scattering their loot across multiple CEX and DEX black hole-like exchanges. Because who doesn’t love spreading chaos in the decentralized garden?
Major UXLINK Hack: Because “Ambitious” Projects Love Drama
UXLINK, that bright-eyed darling of AI-powered Web3 social infrastructures, launched in 2023 with all the hope of a novelette plot twist. But now? A colossal hack threatens to turn its buzz into a desperate “send help” tweet.
Our dear friend Cyvers reported the hack with the enthusiasm of a kid spotting free candy – claiming $11.3 million got funneled suspiciously through shady transactions. In technical terms that sound like a robot having a nervous breakdown, an address used something called delegateCall to gently whisper to the admin role, “You’re fired,” before inviting a new multisig owner using addOwnerWithThreshold.
And voilà: the villains began shuttling assets out faster than you can say “404 Security Not Found.” 🕳️🚀
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…
– UXLINK (@UXLINKofficial) September 22, 2025
In cold, hard numbers (because feelings don’t pay the rent), $11.3 million vanished into the ether – with $4 million in USDT tokens walking out the door, alongside a grab bag of USDC, WBTC, and ETH. One especially lucky wallet got UXLINK tokens worth about $3 million and didn’t waste time selling roughly $800,000 immediately. Must’ve needed an emergency towel or something. 🤑🛁
A Crisis in Confidence? Grab Your Tissues.
Following the hack, there was a delightful 1700%+ spike in transaction volume for the token – mostly frantic sell-offs by people who discovered, a bit late, that their tokens weren’t quite as secure as they imagined. Between the actual criminals and the general public’s collective “OMG, sell everything!!” frenzy, the token’s market cap dove off a cliff faster than a panicked Platypus trying to find its towel.
In the past hour, UXLINK lost over $70 million in market cap – which is a lot of zeros for anyone not wearing their digital sunglasses. 😎📉
It’s a mystery what fraction of the company’s total cosmic treasure trove was purloined in this escapade, but let’s be honest: the real trouble isn’t the loot lost – it’s the trust evaporated like tea left out on a hot Martian day. With sell pressure and liquidations tightening their grip, the UXLINK crew have a PR spectacle to manage that could rival the improbability of hitchhiking across the galaxy without a towel.
Because, in scenarios like this, consumer confidence is much trickier to recover than any digital token-even if you had an infinite number of towels and an unreasonable amount of optimism. 🌌🛸
Read More
- Gold Rate Forecast
- Dogecoin’s Descent: A Hilarious Tale of Loss and Lamentation
- Scandal and Speculation! Trump’s Blue Chip Folly Sends Cronos Tumbling and Tumultuous
- Brent Oil Forecast
- NEAR PREDICTION. NEAR cryptocurrency
- Silver Rate Forecast
- BNB PREDICTION. BNB cryptocurrency
- ETH PREDICTION. ETH cryptocurrency
- OKB PREDICTION. OKB cryptocurrency
- USD KRW PREDICTION
2025-09-22 20:57