UXLINK Updates Security Measures Amid Token Swap Plans

According to BlockBeats, UXLINK has released a security update detailing recent developments. The company has communicated with major centralized exchange (CEX) partners regarding planned token swaps, receiving full support from these exchanges. A new smart contract has been submitted for security auditing, designed to set a fixed supply to prevent additional issuance. UXLINK has abandoned the typical 'mint-burn' function used for cross-chain operations to safeguard community interests. The company is addressing inquiries from the Korean Digital Asset Exchange Association (DAXA) and is collaborating with security experts to prepare a comprehensive incident report. UXLINK has issued a warning against trading unauthorized tokens on decentralized exchanges (DEX).