Exchange and Platform Take Action After Hack

[nihalsari]

The Digital Asset eXchange Association (DAXA) flagged UXLINK trading pairs with an investment warning to ensure investor protection under the Virtual Asset User Protection Act. Upbit stated that resumption of deposit services will follow proper procedures after the cautionary designation.

Meanwhile, UXLINK continues to collaborate with exchanges and analytics firms to freeze stolen funds and mitigate risk. The situation highlights ongoing challenges for Web3 projects in securing user assets amid rising interest in decentralized platforms.