UPCX faced a significant $70 million breach, with 18.4 million UPC tokens stolen from management accounts. The hackers have outsmarted the current market circulation, causing a drastic price drop.

Not much information has emerged about the hack, but Cyvers revealed suspicious transactions leading to this breach. Despite the severity, this hack hasn't evidently impacted the broader market significantly.

The stolen assets remain untouched by the perpetrators, as liquidating them could devalue UPC tokens further.

This incident hasn't drawn much market attention, yet its future impact remains uncertain as the company seeks to identify culprits.