UPCX has acknowledged the April 1, 2025 hack in a statement shared via X, and has temporarily halted withdrawals and deposits while the exploit is being investigated

Quotes that support claims

Measures taken include pausing deposits and withdrawals as the team actively investigates the issue.

In response to the situation, the platform has implemented precautionary measures to safeguard its operations. As part of these efforts, deposits and withdrawals on UPCX have been temporarily suspended.