Fun

UwU Lend faces second hack during $20M reimbursement process

News Feed - 2024-06-13 05:06:01

Prashant Jha9 minutes agoUwU Lend faces second hack during $20M reimbursement processUwU exploiter strikes again and steals $3.5 million from the lend protocol as they begin the reimbursement process.52 Total viewsListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe UwU Lend protocol, which was hacked for nearly $20 million on June 10, is under attack again in an ongoing cryptocurrency exploit.


Onchain data analytic platform Cyvers alerted the protocol about the exploit, claiming the attackers were the same as the ones that carried out the previous $20 million exploit.


The ongoing exploit has already seen $3.5 million stolen from different asset pools, namely, uDAI, uWETH, uLUSD, uFRAX, uCRVUSD, and uUSDT. All stolen assets have been converted to ETH and are located at the attacker"s address: 0x841dDf093f5188989fA1524e7B893de64B421f47.


This is a developing story, and further information will be added as it becomes available.# Blockchain# Cryptocurrencies# Hackers# Hacks# DeFi# RegulationAdd reaction

News Feed

Derek Andersen5 hours agoSam Bankman-Fried sues insurance company for defense costs as trial opensSBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $1
Princess Charlene of Monaco: ‘Web3 Allows Us to Create Assets Worth Collecting’
Princess Charlene of Monaco: "Web3 Allows Us to Create Assets Worth Collecting" In the age in which contactless interactions are encouraged or where society is adopting new ways of
Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy
Coinbase Says It Brokered Microstrategy"s Influential $425 Million Bitcoin Buy U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s
Ethereum Metrics Reveal Critical Support Level – Can Buyers Step In?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Crypto PACs are spending big on US elections — What it means for the industry
Robert D. Knight10 hours agoCrypto PACs are spending big on US elections — What it means for the industryPolitical action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars.66
Just How Badly Will the U.S. Crypto Crackdown Hurt Bitcoin?
Following U.S. Treasury Secretary Steve Mnuchin’s warning that the federal government will pursue “very, very strong” enforcement of existing cryptocurrency regulations, various federal agencies and sel
US Treasury to Monitor Libra Over Possible Financial Risks
The U.S. Department of the Treasury has committed to monitoring the Facebook-led cryptocurrency project Libra. The news was announced by Emanuel Cleaver, II, congressman for Miss
Savannah Fortis13 hours agoTikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse contentMajor social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generat
we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity
we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity press release PRESS RELEASE.we2net, a new DeFi platform that aims to bridge the gap between ce
Dogecoin Price May Explode By 10,200% Based On Classic Chart Pattern: Expert
Este artículo también está disponible en español. Henrik Zeberg, a prominent macroeconomist known for his expertise in business cycles and Head Macro Economist at Swissbl
Victoria Kennedy11 hours agoExploring the future of AI: The power of decentralizationAlthough it’s still in its infancy, decentralized AI could be the answer to many technological concerns.498 Total views5 Total shares
OpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chips
Tristan Greene7 hours agoOpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chipsThe run on training hardware has put chipmakers at the forefront of the general artificial intelligence boom.794 Total views2