UwU Lend Protocol Faces Another Cryptocurrency Attack; $3.5m Stolen
Summary:
The UwU Lend protocol is being targeted once again in a cryptocurrency attack, following a previous breach where nearly $20 million was stolen. The ongoing manipulation has resulted in a loss of $3.5 million from various asset pools, converted into ETH at the attacker's address.
The UwU Lend protocol, which recently lost close to $20 million due to an exploit on June 10, finds itself targeted again in a persistent cryptocurrency attack. The assailants involved in this manipulation, reportedly the same group who perpetrated the prior $20 million breach, were brought to attention by the Onchain data analysis platform, Cyvers. So far, approximately $3.5 million has been unlawfully stripped from multiple asset pools specifically, uDAI, uWETH, uLUSD, uFRAX, uCRVUSD, and uUSDT. Every asset seized has been transitioned into ETH and subsequently deposited at the perpetrator's address: 0x841dDf093f5188989fA1524e7B893de64B421f47. As this is a situation still unfolding, additional details will be updated as they come to light.
Published At
6/13/2024 11:51:01 AM
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