According to Cointelegraph, decentralized social platform UXLink has announced the deployment of a new Ethereum contract after a security breach in its multisignature wallet led to the unauthorized minting of billions of tokens, significantly impacting the value of its native asset. The new smart contract, which has passed a security audit, will be launched on the Ethereum mainnet. To prevent future incidents, the project has removed the mint-burn function from the contract. The breach, confirmed by UXLink on Tuesday, resulted in a substantial amount of cryptocurrency being transferred to exchanges
source: https://www.binance.com/en/square/post/30113096883593?utm_source=BinanceNewsRSS