In a most tragicomic turn of events, the Web3 social infrastructure project UXLINK-purveyor of decentralized frivolity-was undone by a most vulgar hack on September 22, 2025. A staggering $11.3 million vanished into the ether, including stablecoins, ETH, WBTC, and enough UXLINK tokens to make a Bond villain blush. The community, ever the dramatic sort, promptly collapsed into a paroxysm of dread, sending the token price careening 70% downward. 💸
The Method Behind the Madness
Blockchain sleuths, those modern-day Sherlock Holmeses, uncovered the culprit: a “delegateCall” vulnerability. This digital skeleton key allowed hackers to boot the original admins and install themselves as the wallet’s new overlords. One might call it a *coup d’état*, if coups weren’t generally considered more glamorous. 🎩
The thieves, ever industrious, promptly looted $11.3 million-$4.5M in stablecoins, a smattering of ETH and WBTC, and 490 million UXLINK tokens. Because why stop at mere millions when you can mint billions? 🚨
ALERT: Our system has detected $11.3M in suspicious transactions involving @UXLINKofficial. An ETH address executed a delegateCall, removed the admin role, and called “addOwnerWithThreshold” before transferring $4M $USDT, $500K $USDC, 3.7 $WBTC, and 25 $ETH. All USDC/USDT were…
– Cyvers Alerts 🕵️♂️ (@CyversAlerts) September 22, 2025
In a flourish of villainy, the hackers minted 2 billion fresh UXLINK tokens and dumped them on exchanges. One imagines them cackling maniacally while sipping artisanal espresso. ☕
The attackers, ever the entrepreneurs, converted their ill-gotten gains into 6,732 ETH ($28.1M) via six wallets. A true startup mentality! 🚀
Meet the “Inferno Drainer” Group: Thieves Who Rob Thieves
While the hacker’s identity remains a mystery, fate delivered a delicious twist: the perpetrator fell victim to a phishing scam by the Inferno Drainer group. Result? 542 million UXLINK tokens vanished into darker corners of the internet. A poetic reminder that in DeFi, even thieves need therapy. 🎭
UXLINK’s “Swift” Response
Within the hour, UXLINK’s chattering classes were in an uproar, issuing proclamations and summoning the high priests of crypto security. Exchanges froze funds, and forensics firms like PeckShield were called in. Law enforcement? Notified. Regulators? Alerted. A full-scale panic, but with better PR. 🚨
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
While most funds froze, the hacker’s minting spree forced UXLINK to announce an emergency token swap. Because nothing says “trust us” like burning your own currency. 🔥
Token Carnage: From $0.30 to $0.09 in 24 Hours
Mass panic selling and illicit dumps saw the once-proud UXLINK token plummet from $0.30 to $0.09, erasing $70M in hours. Investors, no doubt, took to their fainting couches. 📉
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2025-09-23 09:54