UXLINK completes new contract deployment and announces token migration and compensation plan

ChainCatcher news, UXLINK announced an update stating that it has completed the deployment of a new smart contract (address: 0x3991…Fef3) and submitted the event report and migration plan to DAXA and several major exchanges.

Legally circulating tokens will be exchanged at a 1:1 ratio, with a total of 479,713,462 tokens; illegally issued and stolen tokens will not be exchanged, and some have been suspended from circulation. The official on-chain exchange portal will be launched within 5 working days, and the team will also introduce a compensation plan based on recovered assets, while cooperating with regulatory authorities in Singapore, South Korea, and Japan to freeze hacker-related wallets.