Deep Dive
1. New Ethereum Contract Deployment (September 2025)
Overview: This is a critical security upgrade replacing the hacked smart contract. It ensures the token supply is permanently fixed and no new tokens can be created, directly protecting user assets from similar exploits.
Following a major security breach on 22 September 2025, UXLINK deployed a new contract on the Ethereum mainnet. The update permanently removed the mint and burn functions that were exploited, setting a hard cap on the total supply of 1 billion tokens. It has passed a security audit and facilitates a 1:1 token swap for affected users. The team is collaborating with major exchanges to execute this swap.
What this means: This is bullish for UXLINK because it directly addresses a severe security flaw, making the token's supply predictable and secure again. It demonstrates the team's commitment to protecting the ecosystem and restoring investor confidence after a crisis.
(Binance News)
2. Cross-Chain Check-In Support (December 2024)
Overview: This update made the "Check-in" feature in the account demo work across different blockchain test environments. It allows developers and testers to interact with UXLINK's system more flexibly.
The feature, added on 20 December 2024, extended support to Ethereum Sepolia, Arbitrum Sepolia, and Mantle Sepolia testnets. This means users could demonstrate account activity and earn test rewards across these chains, showcasing UXLINK's chain-abstracted infrastructure.
What this means: This is neutral for UXLINK as a technical demo update. It shows ongoing development focused on improving the developer experience and testing the core "One Account" technology that aims to simplify multi-chain interactions for future users.
(UXLINK Docs)
3. UXLINK Account Demo Launch (December 2024)
Overview: This was the official release of a test version of the UXLINK Account system, letting users experience core functionalities like receiving test tokens and making transfers in a controlled environment.
Launched on 1 December 2024, the demo allowed users to initialize an account, receive test UXLINK tokens, and initiate transfers. It served as a public proof-of-concept for the account abstraction and social login features that are central to UXLINK's vision of simplifying Web3 onboarding.
What this means: This is bullish for UXLINK because it marked a tangible step toward its main product. By publicly testing its account system, the project moved closer to delivering its promise of seamless, social media-based access to crypto, which could drive future user adoption.
(UXLINK Docs)
Conclusion
UXLINK's development trajectory shows a project navigating a severe security crisis with a decisive contract overhaul while continuing to build its foundational social infrastructure. The key question now is whether the new secure contract and ongoing feature development can rebuild trust fast enough to re-accelerate user growth.