🚨Security Alert for MultiversX There is currently a hacker exploiting old smart contracts around the ecosystem. Recent events around older smart contracts on xExchange, artCPA and JExchange should be a wake-up call for all of us. First, for our own holders: no $A1X pools have been affected by these incidents. We are actively monitoring the situation and will continue reviewing anything that could create risk for the wider ecosystem. No smart contract is magically safe forever just because it has been running for years and in the age of AI, that matters even more. The same technology that can help developers analyse code, simulate scenarios and spot weaknesses can also help bad actors search for vulnerabilities faster than ever. So we need to make sure the defenders are using these tools first. AI-assisted auditing, testing and continuous review of existing contracts could become just as important as auditing new ones before launch. Unfortunately, these incidents have had real consequences. People have lost funds, NFTs have been stolen, and projects have seen their token prices hit as a result. A special shoutout to @SVictorUniverse, who we can see are dealing with the stolen NFT situation quickly and doing what they can to protect holders. It is horrible to see anyone in the ecosystem affected. But there is also a lesson here: AI isn’t only something we need to protect ourselves from. It can become one of our strongest tools for finding the holes before somebody else does. The technology is moving quickly. Security needs to move with it.

🔥A1X Buyback, Burn & Lock Update Another $A1X buyback has now been completed. This time: • 1,685,094 $A1X bought back • 842,547 $A1X burned • 842,547 $A1X allocated to the Team and locked/vested for 12 months As always, the Team allocation remains locked, and whatever happens once those tokens unlock will be communicated transparently with the community. Running tally from buybacks so far: • Total $A1X bought back: 7,991,273 $A1X • Total $A1X burned from buybacks: 4,000,498 $A1X • Total $A1X allocated to Team and locked/vested: 3,986,547 $A1X This continues alongside the separate commitment to burn the original 120M $A1X Team allocation as it becomes available through vesting. So the approach remains the same: • Regular buybacks • 50% burned • 50% locked for the Team for 12 months • Original Team allocation continuing to be burned • Everything shared transparently with the community Another step forward for $A1X. Evidence of actions taken below!

It's important to say that no chain is immune to exploit attempts. Especially now, in the age of AI, attack surfaces can be tested faster than ever. Security isn't about pretending nothing can happen. It's about how quickly a team detects, contains, communicates and recovers in the face of a threat. This is what matters here. The MultiversX team spotted the exploit attempt before holders were harmed and coordinated quickly with validators to protect users. Since then they have worked relentlessly on a fix and hard fork recovery. The official update says the incident is contained. Huge respect to @SasuRobert, @lucianmincu and the whole MultiversX team. I can only imagine the sleepless nights behind the scenes. And huge respect to the community for rallying behind them! This is our home. Let's all keep building.

Our CEO's thoughts on the current AI safety discussions and the race to our ultimate doom. Check this article out!