Blockchain payments platform UPCX exploited for $70m
Name
Blockchain payments platform UPCX exploited for $70m
Description
UPCX, a decentralized payment network, has fallen victim to the latest crypto crime as an exploit sees approximately $70 million worth of its native token, UPC, in the hands of a hacker.
Publish date
12:00am, Tuesday, April 1, 2025
Referenced by
Measures taken include pausing deposits and withdrawals as the team actively investigates the issue.
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According to Cyvers, the hacker has moved the stolen funds to a new address, where they remain. There had been no swaps or further movements as of writing.
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UPCX suffered a $70M exploit
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