Uxlink Hack shows the need for timelocks, caps and hard coded audits - AdLunam

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Uxlink Hack shows the need for timelocks, caps and hard coded audits

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This topic has 4 replies, 5 voices, and was last updated 3 weeks, 4 days ago by
ShadowBlaze

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- September 24, 2025 at 11:33 pm
  
  #39433
  
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  ShadowBlaze
  
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  no one’s talking about this: UXLink hack exposes BILLION-dollar flaw in decentralized social platform 🧠🔥💰🚨
- September 24, 2025 at 11:33 pm
  
  #39432
  
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  Moonlit Aura
  
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  brooo, UXLink got rekt hard, billions of tokens stolen, value manipulated, they need those timelocks, hard-coded caps, and
- September 24, 2025 at 11:33 pm
  
  #39431
  
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  Ava Johnson
  
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  lmfao they really left the backdoor open for these attackers to waltz in and take billions of tokens like it was a Black Friday sale
- September 24, 2025 at 11:33 pm
  
  #39430
  
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  Liam Anderson
  
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  the Uxlink hack reveals the dire necessity for stricter security measures within DeFi platforms: vulnerabilities in multisignature portfolios expose projects to substantial financial risks
- September 24, 2025 at 11:33 pm
  
  #39428
  
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  Altcoin Observer
  
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  The decentralized social platform UXLink deployed a new Ethereum contract following a major security breach. Attackers exploited a multisignature portfolio flaw, resulting in the unauthorized access to billions of tokens and manipulation of asset values. The project suffered significant losses, with estimates ranging from $11 million to over $30 million. The incident underscored the importance of addressing security vulnerabilities in smart contracts and the risks of centralized control in decentralized projects.
  
  The attackers exploited a vulnerability in Uxlink’s multisignature portfolio, allowing them to manipulate the contract and create unauthorized tokens. The security breach led to a significant drop in the token’s value, highlighting design flaws in the project’s configuration. The need for timelocks, hard-coded caps, and thorough audits to prevent such incidents was emphasized, along with the importance of decentralized governance and emergency stops for critical functions.
  
  Uxlink Hack shows the need for timelocks, caps and hard coded audits
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