UXLINK Reports $11 Million Loss Due to Security Breach
Security Breach Details: UXLINK experienced a significant security breach on September 22, 2025, resulting in over $11 million in stolen assets due to unauthorized minting of tokens and exploitation of vulnerabilities in their multi-signature wallet.
Market Impact: The breach caused a 70% drop in UXLINK token price and led to major cryptocurrency exchanges halting trading to mitigate further losses, highlighting the need for improved security measures in the crypto industry.
Response and Recovery Efforts: UXLINK is collaborating with law enforcement and exchanges to freeze compromised funds and recover stolen assets, while ongoing investigations aim to understand the breach's scope and prevent future incidents.
Call for Enhanced Security: The incident underscores the importance of robust security protocols in the digital finance sector, as historical data indicates that multi-signature breaches often lead to substantial financial losses.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX) As of , Immutable (IMX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IMX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, IMX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0482 | 0.0886 | 0.132 | 0.172 | 0.215 | 0.255 | 0.298 |
| Fibonacci | 0.0886 | 0.12 | 0.14 | 0.172 | 0.204 | 0.224 | 0.255 |
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