UPCX Smart Contract Hack Results in $70M Crypto Theft, Tokens Still in Attacker’s Wallet Amidst Ongoing Investigation
UPCX suffered a $70 million exploit, with 18.4 million UPC tokens stolen—surpassing the circulating supply. Cyvers traced the breach to a ProxyAdmin contract flaw, enabling unauthorised withdrawals. Despite the scale, market impact remains minimal, and the stolen tokens are untouched. How long will they stay that way?
