PeckShield Flags $45.3 Million ETH Long Position Possibly Linked to UXLink Exploit
(3 hours ago) · 1 source · Summarized by CryptoBipto
Blockchain security firm PeckShield has flagged a $45.3 million long position on Ethereum that may be connected to a UXLink exploit. The firm identified suspicious on-chain activity suggesting funds from a potential exploit were used to open the leveraged position. Details about the scope of the possible exploit and the identity of the actors involved remain unclear.
WHY IT MATTERS
In the world of crypto, a security firm flagging suspicious activity is like a bank fraud department noticing unusual transactions on an account.
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SOURCES
- thedefiant.io
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