【UXLINK】Rising from the Ashes: The Resilient Path of Web3 from Hacker Attacks to Community Rebuilding
The Web3 world has never been smooth sailing; the real test lies in the ability to respond in the face of crisis. @UXLINKofficial demonstrated admirable crisis management skills and community cohesion after experiencing the multi-signature vulnerability incident on September 22.
Following the hacking incident, the team reacted swiftly, launching a newly audited contract that completely removed mint and burn permissions to ensure safety. Even more encouraging is that the hacker lost approximately $48 million in a phishing attack, which undoubtedly serves as a strong warning to malicious actors.
Currently, @UXLINKofficial has opened a 1:1 token exchange portal, providing all holders with a fair opportunity to exchange. Community governance voting is also in full swing, with the second phase of the "Swap & Compensation" plan including an early unlocking mechanism of 8-12%, as well as using recovered funds for buyback compensation, reflecting the project's high regard for user rights.
From a technical perspective, the price of the $UXLINK token has begun to rebound from a low of $0.12, and market confidence is gradually recovering. Exchange channels on mainstream platforms like @bitgetglobal and @Bybit_Official are also opening up one after another, providing users with convenient exchange options.
As an important part of the Web3 social infrastructure, @UXLINKofficial is not only building a bridge between the real world and blockchain but also demonstrating what true community governance looks like through practical actions. The Yaps mechanism from @KaitoAI allows the attention economy to be monetized, while UXLINK attempts to reshape the user experience of Web3 on a social level.
In the uncertain cryptocurrency market, UXLINK's response provides us with important insights: transparency, rapid response, and community participation are key to a project's long-term survival. Let us witness the rebirth journey of this Web3 social giant together!
@UXLINKofficial @KaitoAI #UXLINKofficial #KaitoAI #KAITO #Yapper
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