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UNCX Reports $807,600 Loss in Smart Token Vesting V2 Attack

UNCX Reports $807,600 Loss in Smart Token Vesting V2 Attack

Photo: Coincu

UNCX, the decentralized protocol best known for liquidity locker and token vesting services, disclosed a loss of $807,600 stemming from an attack on its Smart Token Vesting V2 product, describing the incident as a cross-chain attack in its initial disclosure. As of publication, UNCX has not released a full post-mortem and the technical mechanics behind the exploit remain unconfirmed. According to UNCX’s disclosure, the reported loss totals $807,600 and is attributed to an attack specifically targeting Smart Token Vesting V2, one of the protocol’s on-chain vesting products.

Source: Coincu

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