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Alert
USPD Protocol Exploited for $1 Million via Unauthorized Minting
12/05/2025, 07:06
AI SUMMARY
●USPD protocol suffers critical exploit with unauthorized minting
●Estimated losses reach approximately $1 million
●Users urged to revoke all contract approvals immediately
Security firm PeckShield reported a critical exploit in the USPD protocol, resulting in unauthorized token minting and liquidity draining. The estimated loss currently stands at approximately $1 million.
Users are urgently advised to revoke all token approvals to the USPD contract to prevent further asset loss. The team is reportedly cooperating with law enforcement and offering a whitehat bounty for the return of funds.