Hacker drains $86,000 from UNCX Network shared vesting pool on Ethereum
Image: Crypto BriefingSecurity firm Blockaid reported that a hacker withdrew roughly $86,000 from UNCX Network's shared token vesting pool on Ethereum. The exploit was still active when detected. The attacker opened vesting positions, released tokens, added extra tokens, then cancelled a position to pull assets belonging to other projects. After the drain, the pool still held several million dollars in assets. UNCX provides token locking services for projects.
Key points
- A hacker drained about $86,000 from UNCX Network's shared token vesting pool on Ethereum.
- Blockaid indicated the exploit was still active when it was discovered.
- The attacker opened vesting positions, released tokens, added extra tokens, then cancelled a position to withdraw others' tokens.
- The pool still contained millions of dollars in assets after the $86,000 loss.
Why it matters
Projects that rely on UNCX for token vesting may face loss if the shared pool remains vulnerable, prompting users to verify contract security and monitor for further withdrawals.
What's unclear
It is not known which specific projects lost tokens in the exploit.
UNCX has not confirmed whether the remaining pool balance is secured or can be migrated.
Price context · ETH
At publication
$2,444.38
Now
$2,348.61
Change since
−3.92%
7 days · dashed line = publication
Sources · 4 publishers
Crypto Briefing
Tier 2
UNCX Network vesting pool exploited for $86,000, Blockaid reports
BeInCrypto
Tier 2
Hacker Pulls $86,000 in Locked Tokens From a Shared Crypto Vault
Bitcoin.com News
Tier 2
An $86,000 Exploit Rocks a Crypto Pool Built to Lock Tokens
Coverage timeline
- First reported by The Defiant
- Also reported by Crypto Briefing
- CryptoVideos brief published
- 1 more publisher added to sources
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