Bitcoin
Bitcoin (BTC)
$64,379.00 0.20073
Bitcoin price
Ethereum
Ethereum (ETH)
$3,504.25 -0.04118
Ethereum price
BNB
BNB (BNB)
$589.39 0.87223
BNB price
Solana
Solana (SOL)
$134.53 -0.19989
Solana price
XRP
XRP (XRP)
$0.4874540 -0.12836
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 1.09053
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 1.50544
Pepe price
Bonk
Bonk (BONK)
$0.0000211 2.74622
Bonk price
Bitcoin
Bitcoin (BTC)
$64,379.00 0.20073
Bitcoin price
Ethereum
Ethereum (ETH)
$3,504.25 -0.04118
Ethereum price
BNB
BNB (BNB)
$589.39 0.87223
BNB price
Solana
Solana (SOL)
$134.53 -0.19989
Solana price
XRP
XRP (XRP)
$0.4874540 -0.12836
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 1.09053
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 1.50544
Pepe price
Bonk
Bonk (BONK)
$0.0000211 2.74622
Bonk price
Bitcoin
Bitcoin (BTC)
$64,379.00 0.20073
Bitcoin price
Ethereum
Ethereum (ETH)
$3,504.25 -0.04118
Ethereum price
BNB
BNB (BNB)
$589.39 0.87223
BNB price
Solana
Solana (SOL)
$134.53 -0.19989
Solana price
XRP
XRP (XRP)
$0.4874540 -0.12836
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 1.09053
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 1.50544
Pepe price
Bonk
Bonk (BONK)
$0.0000211 2.74622
Bonk price
Bitcoin
Bitcoin (BTC)
$64,379.00 0.20073
Bitcoin price
Ethereum
Ethereum (ETH)
$3,504.25 -0.04118
Ethereum price
BNB
BNB (BNB)
$589.39 0.87223
BNB price
Solana
Solana (SOL)
$134.53 -0.19989
Solana price
XRP
XRP (XRP)
$0.4874540 -0.12836
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 1.09053
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 1.50544
Pepe price
Bonk
Bonk (BONK)
$0.0000211 2.74622
Bonk price
SirWin
SirWin
SirWin

UwU Lend hacked out of $19.3 million

uwu-lend-hacked-out-of-19-3-million
Edited by
News
UwU Lend hacked out of $19.3 million

UwU Lend, a lending and liquidity protocol, has reportedly been targeted by an exploit amounting to $19.3 million. 

A malicious hack recently targeted the decentralized lending platform. Reports from the blockchain security firm Arkham indicate that unknown perpetrators stole $19.3 million from the lending protocol.

The incident highlights ongoing security vulnerabilities in the DeFi sector, raising concerns about the safety of digital assets on decentralized platforms.

The hack

The blockchain data indicates that the perpetrator transferred the stolen funds through multiple wallet addresses. According to a crypto user on the blockchain explorer Etherscan, the perpetrator utilized Curve LlamaLend as the “exit liquidity” for the attack.

On-chain data shows that one wallet siphoned a collection of tokens, including wrapped ether (WETH), wrapped bitcoin (WBTC) and stablecoins, before trading the majority of it out on Uniswap.

UwU Lend claims to have never been hacked since its inception in 2022 but they posted on X stating that “The protocol was paused a little under an hour ago while the team investigates the situation. Please rest assured that we were made aware of the situation immediately and are taking all necessary steps, doing our best here. Stay tuned for further updates.” 

UwU Lend is based on the open-source AAVE v2 codes and offers lending, borrowing, and staking services. Users receive 100% of platform revenues in the form of a token called UwU.