Cyvers Alerts Identifies Unauthorized Transactions In UPCX, Potential Loss Estimated At $70M
Name
Cyvers Alerts Identifies Unauthorized Transactions In UPCX, Potential Loss Estimated At $70M
Description
Cyvers Alerts has identified a potential $70 million security breach in UPCX, prompting it to suspend deposits and withdrawals, while the user assets remain secure and the investigation continues.
Publish date
12:00am, Tuesday, April 1, 2025
Referenced by
Real-time security monitoring platform Cyvers Alerts has identified potentially unauthorized transactions within the decentralized payment network UPCX, suggesting a possible security breach.
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UPCX suffered a $70M exploit
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At present, the transferred funds remain in the address 0xFf7….334, with no signs of conversion or movement to other wallets, indicating that the assets have not yet been swapped or dispersed, the platform noted.
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