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DeFi exploits reveal major flaws as hackers launder millions via UXLINK and Mining Express schemes

Market News
05 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Hackers exploited the UXLINK project in September 2025, stealing about $4.5 million by exploiting a wallet vulnerability and laundering funds through multiple cryptocurrency swaps and deposits into Tornado Cash. Similarly, wallets linked to the defunct Mining Express Ponzi scheme have been converting large holdings into stablecoins and moving millions into Tornado Cash. These incidents highlight significant weaknesses in the DeFi ecosystem's ability to detect and prevent illegal fund movements, underscoring the need for improved cross-network coordination and real-time threat detection to protect decentralization and user privacy.

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Chery Group opens Rosslyn Plant in South Africa, boosting local production and jobs for iCAUR brand.

Chery Group opens Rosslyn Plant in South Africa, boosting local production and jobs for iCAUR brand.

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Bitcoin rallies above $63K in thin holiday trade; confirmation needed amid June outflows.

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4 hours ago
Aerodrome Finance rises to $0.60, showing strong buyer demand and potential for further gains.

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4 hours ago
Traders predict Nvidia stock will stay below $192 in July 2026, with limited chances of a sharp rally.

Traders predict Nvidia stock will stay below $192 in July 2026, with limited chances of a sharp rally.

Prediction market data shows an 86% chance Nvidia will trade below $192 at some point in July 2026, with a 60% chance of reaching $208 but only a 32% chance of exceeding $216. Traders expect the stock to remain range-bound between $184 and $208, refl...

Market News
Neutral
4 hours ago
Bitcoin's future lies in financial integration, not protocol changes, says Michael Saylor.

Bitcoin's future lies in financial integration, not protocol changes, says Michael Saylor.

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Neutral
4 hours ago
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