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UwU Lend Reacts to $23 Million Hack, Pauses Protocol and Negotiates with Hacker
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Uwu Lend, a lending protocol founded by Frog Nation’s former CFO Sifu, suffered a $19.4 million loss due to an oracle manipulation attack.
Cyvers first identified the exploit, revealing a sophisticated series of three transactions executed within six minutes. The attackers converted stolen Wrapped Bitcoin (WBTC) and Dai (DAI) into Ether (ETH) after being funded from Tornado Cash.
Read more on cryptonews.comAbout this in other media
UwU Lend Offers $5M Bounty in Ether to Identify Attacker After Second Exploit cryptonews.com /1 week ago
Holograph Protocol Faces Exploit, Hacker Mints 1 Billion Native HLG Token cryptonews.com /1 week ago
GenTwo and issuance.swiss Partner to Develop Innovative ETPs and AMCs cryptonews.com /1 week ago
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