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Hacker Transfers $70 Million from UPCX in Major Security Breach
- Hackers exploited a contract vulnerability, forcing UPCX to halt operations.
- UPC tokens fell 7%, highlighting Web3 security flaws behind 80% of 2024 crypto thefts.
- Experts urge stronger protections as UPCX tracks stolen funds.
- The hacker stole $70 million by exploiting a contract vulnerability in UPCX, leading to a temporary halt in operations.
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