In a plot twist that would make even Hollywood scriptwriters blush, some nefarious geniuses managed to hijack the address 0x4C….3583E, tweaked the ‘ProxyAdmin’ contract, and casually executed the ‘withdrawByAdmin’ function. 🕵️♂️💻
This little maneuver resulted in the transfer of a cool $70 million worth of 18.4 million UPC tokens from three separate management wallets. All the stolen loot is now chilling at address 0xFf7….334, with the attackers apparently too busy counting their digital coins to convert them into other cryptocurrencies. 🤑💰
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Impact on UPCX’s Market Value
As if the hack wasn’t enough drama, UPCX’s value took a nosedive, losing about 5% of its worth. The altcoin, which is listed on major exchanges like Bitget, MEXC, and Gate.io, now holds a market cap of $337 million. 📉💸
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2025-04-01 19:24