UXLINK Token Migration Progress: New Contract Audited, Token "UXLINK" to be Deployed on Ethereum Mainnet

Techub News: UXLINK has released the latest updates on its token migration. The new UXLINK smart contract has successfully passed a security audit and will be deployed on the Ethereum mainnet, with the minting and burning functionality removed. Cross-chain functionality will be maintained through partnerships with cross-chain service providers. The official team confirmed that the token ticker will continue to be "UXLINK" to ensure a consistent user experience across all platforms. Today, the team will submit the new contract details and migration plan to centralized exchange (CEX) partners, while also preparing a comprehensive response to the inquiry from the Korea Digital Asset Exchange Association (DAXA), which is scheduled to be submitted today. Regarding the security incident, UXLink has frozen a large number of addresses associated with the hack and has initiated an asset recovery process in collaboration with law enforcement and professional third-party services. The official team has committed to addressing all community losses in a fully transparent manner and will use the recovered funds for community development and user compensation.