Today news
About the same in other media
UwU Lend Protocol Hacked for Nearly $20 Million in Ongoing Cryptocurrency Exploit
Reading now: 1000
In an ongoing security breach, the decentralized finance (DeFi) protocol UwU Lend was hacked on Monday for nearly $20 million.
UwU Lend, known for its role as a decentralized finance protocol, allows users to deposit and borrow digital assets, functioning as a liquidity market within the DeFi ecosystem. The exploit, first identified by on-chain security firm Cyvers, has rapidly become a major incident affecting multiple digital assets.
Cyvers initially discovered the exploit, which alerted UwU Lend via a June 10 X post.
The situation quickly escalated as, within an hour, the amount stolen surpassed $20 million.
Read more on cryptonews.comAbout this in other media
Court Allows Lawsuit Against Ripple Over CEO’s Alleged Violation of California Securities Laws cryptonews.com /6 months ago
Kraken Extorted By Security Research Team, $3 Million Drained In Hack cryptonews.com /6 months ago
Billionaire Andrew Forrest’s Crypto Ad Scam Lawsuit Against Meta Will Go Ahead, Judge Rules cryptonews.com /6 months ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
