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UXLINK announces the specific details of the migration and compensation plan.
According to news from Hash World, UXLINK has released a detailed migration and compensation plan in response to the previous security incident. Users who purchased and held UXLINK will receive compensation at a ratio of 1:1, with a cut-off time of 10:55 AM Beijing time on September 22, 2025. For users who purchased UXLINK between 10:55 AM and 1:40 PM on September 22, 2025, compensation will be calculated based on the difference between the purchase price and the subsequent time-weighted average price (TWAP). The compensation funds will come from the frozen and returned stolen assets. The migration plan for CEX users is gradually being initiated, and the on-chain migration portal will open on October 1. Within five working days after the launch of the on-chain migration channel, a community vote will be held to determine the details of the compensation plan. For users who purchase UXLINK after 1:40 PM on September 22, 2025, the compensation plan will be determined through community discussion and voting. This incident highlights key time points, including 10:55 AM on September 22 (the first hacker transaction) and 1:40 PM (the official first announcement). The project team promises to maintain transparent and timely communication to uphold community trust.
$UXLINK #Cryptocurrency Blockchain #CEX UXLINK #CryptoSecurity