Upcx was suspected of being hacked, and about $70 million worth of UPC was transferred
2025-04-01 12:32
Odaily News According to the monitoring of Cyvers Alerts, an on-chain security agency, the official address of Upcx is suspected of being accessed without authorization. The attacker upgraded the "ProxyAdmin" contract and called the "withdrawByAdmin" function to transfer a total of 18.4 million UPCs (about 70 million US dollars) from three management accounts. Currently, these funds are still stored in another address and have not been exchanged. Upcx officials have confirmed the incident and stated that "unauthorized activity has been detected."
