Hacker Drains $86,000 from UNCX Network Shared Token Vesting Pool on Ethereum

A hacker drained approximately $86,000 from UNCX Network’s shared token vesting pool on Ethereum on Wednesday, affecting tokens locked by multiple projects. UNCX, formerly UniCrypt, holds about $179.7 million across blockchains, with $111.4 million on Ethereum, by selling crypto projects a way to lock up insider tokens. Security firm Blockaid stated the attack was still running, explaining the loss occurred through a single draining transaction by manipulating vesting positions to exploit a tiny leftover position.