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Hacker transfers $70M out of payment platform UPCX

Cointelegraph.com NewsAn unauthorized party withdrew approximately $70 million in digital assets from open-source payment platform UPCX, according to a security alert issued on April 1.The blockchain security firm Cyvers flagged suspicious activity involving 18.4 million UPC tokens, estimating the value of the compromised funds at around $70 million.Cyvers said someone accessed a UPCX address and upgraded its ProxyAdmin contract. The attacker… 

​An unauthorized party withdrew approximately $70 million in digital assets from open-source payment platform UPCX, according to a security alert issued on April 1.The blockchain security firm Cyvers flagged suspicious activity involving 18.4 million UPC tokens, estimating the value of the compromised funds at around $70 million.Cyvers said someone accessed a UPCX address and upgraded its ProxyAdmin contract. The attacker… 

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