Upcx confirms unauthorized access and has temporarily suspended recharging and withdrawals

According to the official announcement of Upcx, there has been unauthorized activity in its managed account, and the platform's UPC recharge and withdrawal operations have been urgently suspended. The official statement states that user assets have not been affected, and they are actively investigating the cause of the incident, promising to continue updating progress. According to Cyvers Alerts monitoring, the attacker is suspected to have taken control of addresses 0x4C... 3583E, transferring 18.4 million UPC (approximately $70 million) from three management accounts by upgrading the ProxyAdmin contract and executing the withdrawByAdmin function. The funds are currently held at address 0xF7... 334 and have not been exchanged yet.