UXLINK: A security breach in its multi-signature wallet led to a large amount of funds being transferred to exchanges.

According to Odaily, the Web 3 social platform UXLINK has officially disclosed a security vulnerability in its multi-signature wallet, resulting in the illegal transfer of a large amount of crypto assets to centralized and decentralized exchanges. The team is currently collaborating with security experts to investigate the cause and has urgently contacted major exchanges to freeze the relevant funds. The case has also been reported to the police and regulatory authorities, and further updates will be released.