![[The AI Show Episode 142]: ChatGPT’s New Image Generator, Studio Ghibli Craze and Backlash, Gemini 2.5, OpenAI Academy, 4o Updates, Vibe Marketing & xAI Acquires X](https://www.marketingaiinstitute.com/hubfs/ep%20142%20cover.png)
![[DEALS] Microsoft Office Professional 2021 for Windows: Lifetime License (75% off) & Other Deals Up To 98% Off – Offers End Soon!](https://www.javacodegeeks.com/wp-content/uploads/2012/12/jcg-logo.jpg){kind=logo}
_Anthony_Brown_Alamy.jpg?#)
_Hanna_Kuprevich_Alamy.jpg?#)
.png?#)
![YouTube Announces New Creation Tools for Shorts [Video]](https://www.iclarified.com/images/news/96923/96923/96923-640.jpg)
![Apple Faces New Tariffs but Has Options to Soften the Blow [Kuo]](https://www.iclarified.com/images/news/96921/96921/96921-640.jpg)
Blockchain payments platform UPCX exploited for $70m
UPCX platform reportedly exploited by a hacker The incident saw the attacker transfer more than 18 million UPC tokens worth $70 million to the hacker’s wallet. UPCX has acknowledged the incident and is investigating. UPCX, a decentralized payment network, has fallen victim to the latest crypto crime as an exploit sees approximately $70 million worth […] The post Blockchain payments platform UPCX exploited for $70m appeared first on CoinJournal.
- UPCX platform reportedly exploited by a hacker
- The incident saw the attacker transfer more than 18 million UPC tokens worth $70 million to the hacker’s wallet.
- UPCX has acknowledged the incident and is investigating.
UPCX, a decentralized payment network, has fallen victim to the latest crypto crime as an exploit sees approximately $70 million worth of its native token, UPC, in the hands of a hacker.
Blockchain security firm Cyvers Alerts highlighted the attack on April 1.
According to Cyvers Alerts, an unauthorized actor drained UPCX after accessing a critical address within the UPCX ecosystem.
The attacker proceeded to upgrade the ‘ProxyAdmin’ contract before executing the heist by performing a ‘withdrawByAdmin’ function.
