The latest on-chain tracking shows that hackers exchanged approximately 1,620 ETH (worth about $6.8M) for $DAI (stablecoin). This is the first large-scale asset liquidation operation since @UXLINKofficial was attacked. #UXLINK has officially announced that they will develop an on-chain redemption tool, allowing holders to directly swap tokens in their wallets. A new address will be created to facilitate the migration of $UXLINK, and the token swap portal will be opened for on-chain users within the next 5 business days. New CA: 0x3991B07b2951a4300Da8c76e7d2c7eddE861Fef3 Cointelegraph wrote a commentary stating that this attack on #UXLink exposed the risks of centralized control in DeFi projects. Many times, projects claim to be decentralized, but if the backend permission control is not well designed, it poses a fatal risk. At the same time, many security circles/analysts are starting to treat this incident as a textbook case, criticizing the delegateCall vulnerability in multi-...
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