'Hacked' UXLINK to proceed with migration tomorrow at 10:00 AM

Uk Jin

Summary

UXLINK said it will attempt to recover from massive losses caused by the hack.
UXLINK announced it will carry out a migration to a new token on October 1 at 10:00 AM.
It said the existing token's value plummeted due to the hacker's continuous unauthorized token issuance, and this is the resulting measure.

UXLINK (UXLINK), which suffered massive losses due to hacking, is attempting to recover.

On the 30th (Korean Standard Time), UXLINK said via X (formerly Twitter), "We will carry out migration on October 1 at 10:00 (Korean Standard Time)."

The hacker continuously issued UXLINK tokens without authorization, causing the token's value to plummet, so UXLINK is proceeding with a migration to a new token.

UXLINK