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UXLINK Attacker Swaps 5,496 ETH for About 11 Million DAI After Wallet Breach

According to Onchain Lens, the attacker exchanged 5,496 ETH for 11.82 million DAI after UXLINK’s multisig wallet was taken over in a Sept. 22, 2025 breach tied to losses of more than $44 million.

ETH
DAI

Summary

Onchain Lens reported that the attacker linked to the UXLINK breach sold 5,496 ETH for 11.82 million DAI within the past hour. The same source said the attacker stole more than $44 million after taking control of UXLINK’s multisig wallet on Sept. 22, 2025. The transaction indicates that part of the stolen funds has been moved from ETH into the dollar-pegged stablecoin DAI.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for network transactions, fees, and asset transfers.
  • DAI: A dollar-pegged stablecoin designed to maintain a relatively stable value on blockchain networks.
  • Multisig wallet: A wallet that requires multiple approvals to authorize transactions, commonly used to strengthen custody security.