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Hacker drains $86,000 from UNCX Network shared vesting pool on Ethereum

Hacker drains $86,000 from UNCX Network shared vesting pool on Ethereum Image: Crypto Briefing
Image via Crypto Briefing.

Security 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

  1. A hacker drained about $86,000 from UNCX Network's shared token vesting pool on Ethereum.
  2. Blockaid indicated the exploit was still active when it was discovered.
  3. The attacker opened vesting positions, released tokens, added extra tokens, then cancelled a position to withdraw others' tokens.
  4. 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

The Defiant Tier 1 First report
UNCX Vesting Pool Exploited for About $86,000, Blockaid Says
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

  1. First reported by The Defiant
  2. Also reported by Crypto Briefing
  3. CryptoVideos brief published
  4. 1 more publisher added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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