UXLINK RELEASES SEPTEMBER SECURITY INCIDENT REVIEW: OVER $11M LOST TO EXTERNAL ATTACK

CoinRank · 2025-12-09T05:40:58+00:00

UXLINK's CEO reported a security breach where hackers used deepfake technology and social engineering to steal credentials, leading to over $11 million in losses. Criminal reports were filed, funds partially recovered, and security measures enhanced. The DAO approved additional token supply to compensate users.

CoinRank

2025-12-09 05:40:58

Abstract generation in progress

UXLINK’s CEO has published a September security incident review, revealing that hackers used deepfake video calls and social-engineering tactics to compromise the devices of several SAFE key holders. The attackers stole sensitive credentials, gained control of the legacy arb-UXLINK contract, and caused losses exceeding $11 million. The team has filed criminal reports across multiple jurisdictions and recovered part of the stolen funds, which have been directed to buybacks. Major security upgrades have been implemented across signing devices, internal processes, and system architecture. Additionally, the DAO approved unlocking an extra 12% of token supply to compensate affected users. #UXLINK #CryptoSecurity

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