According to Odaily Planet Daily, UXLINK has published a statement stating that in response to the ongoing unauthorized minting of UXLINK tokens, the team has updated the progress of the process:

1. We have communicated with major CEX partners regarding the planned token swap and obtained their support.

2. A new smart contract has been submitted for security audit. The contract will set a fixed supply and remove the minting and burning functions commonly used in cross-chain solutions to ensure community benefits.

3. We are responding to inquiries from the Korea Digital Asset Exchange Association (DAXA) and will work with security experts to prepare a comprehensive incident report.

UXLINK reminds users not to trade unauthorized tokens on DEX.