Quick Breakdown:
- UXLINK’s new smart contract passed a security audit and will be deployed on Ethereum mainnet.
- Cross-chain functionality maintained via partners; token ticker “UXLINK” remains unchanged.
- Hacker-linked addresses frozen; recovery procedures underway with law enforcement and third parties.
UXLINK has confirmed significant progress in its ongoing token migration following a recent security incident, announcing that the new smart contract has passed a full security audit and will soon go live on Ethereum. The migration is designed to strengthen network security while maintaining the project’s cross-chain capabilities and ensuring holders’ assets remain protected.
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…— UXLINK (@UXLINKofficial) September 24, 2025
New Ethereum contract and exchange coordination
The upgraded UXLINK smart contract will be deployed on the Ethereum mainnet without the previous mint-burn function, a move aimed at reducing potential attack vectors. Instead, cross-chain functionality will be supported through trusted partner services. The project will retain the “UXLINK” token ticker to ensure seamless recognition across trading platforms. UXLINK said it will submit the new contract details and a complete migration plan to centralized exchange partners today to prepare for a smooth transition for token holders.
Recovery measures and community protection
In parallel with the technical upgrade, UXLINK has frozen numerous hacker-linked addresses and launched recovery procedures in collaboration with law enforcement agencies and professional third-party security firms. The team is also preparing a detailed response to the Digital Asset eXchange Association (DAXA) in Korea to address regulatory inquiries. UXLINK reiterated that all community losses will be managed with complete transparency, with recovered funds directed toward community development and compensation programs.
The migration follows a series of security incidents across the crypto industry that have highlighted the importance of rapid response and robust smart contract design. By removing high-risk functions and coordinating closely with exchanges and regulators, UXLINK aims to protect token holders while preserving its multi-chain ecosystem. Further updates will be shared as the deployment and migration process moves forward.
Meanwhile, the broader crypto market remains cautious, with altcoins showing resilience despite weak macroeconomic data, while Bitcoin (BTC) and Ethereum (ETH) continue to trade in tight ranges with options markets signaling a bearish bias, according to a fresh derivatives report from Bybit and Block Scholes.
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