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UNCX Ethereum Pool Exploit Drains About $86,000 in One Transaction

The attacker created multiple lock positions, added tokens to one and canceled it before withdrawing assets. The attack was ongoing.

Mentioned assets
Open metal lockboxes sit inside a dimly lit secure vault / TokenPost.ai
Open metal lockboxes sit inside a dimly lit secure vault / TokenPost.ai

An exploit targeting UNCX’s shared token-locking pool on Ethereum took about $86,000 in assets in one transaction, and the attack was ongoing.

The attacker created several lock positions in the shared pool, unlocked a large position and transferred tokens into the pool. After adding tokens to a position and canceling it, the attacker withdrew assets from the pool.

The loss is approximate. The available details do not identify the assets taken or provide a recovery amount. The incident involved a shared token-locking pool.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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