🔥UXLINK: The new token contract has passed the audit and a large number of hacker-related addresses have been frozen. It is clear that this is only the first step in solving the problem
Currently, Binance perpetual contract UXLINK has risen to 0.11, up 25% in a single day, with a trading volume comparable to WLFI. The market value is about 112 million.
Many people are still concerned about the question of how to deal with old coins, whether new coins will be replaced proportionally, whether there is a compensation plan, and whether there are two sets of solutions for on-chain and exchange tokens......
The whole process will not be short, there will be many games, the contract is an information asymmetric transaction, pay attention to the risk.
#UXLINK
Security Notice – Update 5
We would like to share the latest progress on the UXLINK token migration:
1. The new UXLINK smart contract has successfully passed its security audit.
2. The contract will be deployed on the Ethereum mainnet. The contract dropped the mint-burn function and we will use cross-chain partners’ service to remain a cross-chain feature.
3. The token ticker will remain “UXLINK”, ensuring continuity across all platforms.
4. Today, we will submit the new contract details and migration plan to our CEX partners.
5. We are also preparing a comprehensive response to the inquiry from DAXA (Digital Asset eXchange Association, Korea), which will be submitted today.
6. We have frozen a large number of hacker-associated addresses and, in collaboration with law enforcement authorities and professional third parties, have initiated recovery procedures. All community losses will be handled with full transparency and will be redirected back to community development and compensation.
We remain committed to keeping our community and partners updated with transparent and timely communication.
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