UPCX has detected unauthorized activity and suspended deposit and withdrawal functions. A warning has identified suspicious transactions involving approximately 18.4 million UPC being transferred. User asset security has not been affected.

According to the Gate.io News bot, the Cyvers Alerts monitoring system reported a security incident on the Upcxofficial platform. An Address starting with 0x4C gained system access and transferred 18.4 million UPC Tokens, worth approximately 70 million USD, from three management accounts by upgrading the "ProxyAdmin" contract and executing the "withdrawByAdmin" function. The transferred funds are currently held in an address starting with 0xFf7, and no exchange transactions have taken place. The Upcxofficial team has responded to the incident, confirming the detection of unauthorized activity. Source: Wu Says

The Upcx management account has experienced unauthorized activity, leading to an emergency suspension of UPC deposit and withdrawal operations. Assets have not been affected. The attacker transferred 18.4 million UPC through contract upgrades, valued at approximately 70 million USD. Funds are temporarily held, and the incident is still under investigation.

ChainCatcher news, UPCX officials stated that recently someone impersonated the official name to announce a plan to recruit community ambassadors in the Chinese community, and induced users to purchase Tokens and transfer them to the designated WalletAddress for stake, and then conducted an Airdrop in the form of so-called Meme coins. UPCX official solemnly reminds all users: please be vigilant and guard against fraudulent tokens on other chains, and do not easily believe any unverified information. UPCX official will not release any information unrelated to UPCX in any name or form.