Blockchain security firm Cyvers Alerts has disclosed an anomalous transaction totaling approximately $11.3 million within the UXLINK project. The incident involved an address using delegateCall to remove contract administrator privileges, followed by the addition of a new multi-signature member via "addOwnerWithThreshold." Subsequently, around 4 million USDT, 500,000 USDC, 3.7 WBTC, and 25 ETH were transferred. The USDC and USDT on the Ethereum network were converted to DAI, while USDT on Arbitrum was exchanged for ETH and bridged to Ethereum. Minutes later, another address received about 10 million UXLINK tokens, valued at approximately $3 million, and began selling them. The address still holds around $2.2 million worth of unsold tokens.
Cyvers Alerts Reports $11.3 Million Anomalous Transaction in UXLINK Project
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