According to TechFlame, UXLINK announced the latest developments in the UXLINK token contract migration: Currently, UXLINK tokens are being issued without authorization, which not only violates the content of the UXLINK white paper, but also undermines community consensus. Major CEX partners have been communicated about planned token swaps, and they all express their full support. A new smart contract has been submitted for a security audit. The new contract will set a fixed token supply to ensure that no additional tokens will be issued. At the same time, the add-destroy function commonly used in cross-chain solutions to protect the interests of the community has been removed. It is also responding to inquiries from Korea Digital Asset Exchange Association DAXA and will work with security expert partners to prepare a comprehensive incident report. Earlier, UXLINK stated that the multi-signature wallet had a security breach and the funds were illegally transferred.