The "AI-powered web3 social platform" UXLINK was exploited by an attacker that gained control of the project's <button class="define-target" id="multisig">multisignature wallet</button>, then <button class="define-target" id="mint">minted</button> billions of the project's UXLINK token. Though the tokens were worth hundreds of millions of dollars on paper, low liquidity and a crashing token price means the attacker cashed out around $28&nbsp;million.<p>Shortly after the hack, the attacker apparently approved a phishing contract, perhaps in their rush to swap tokens before the price crashed further or before exchanges could freeze the tokens. Around 542&nbsp;million of the UXLINK tokens were sent to a phishing address as a result, though it doesn't appear the phishing wallet has been able to sell the tokens.</p>

"UXLINK goes from bad, to worse, to weird after hacker loses stolen tokens"

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