Hacked UWU Lend Suffers Additional $3.72m Loss

IconCryptoNewsTerminal Staff13 Jun, 2024

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Hacked UWU Lend Suffers Additional $3.72m Loss

Blockchain security firm SlowMist warned on its official Twitter handle that "DeFi protocol Uwu Lend, which recently suffered a hack, has been compromised again resulting in an additional loss of $3.72 million." It also underlined that a significant portion of the crypto stolen in the latest exploit was converted into stablecoins. On October 10, Cointelegraph reported that Uwu Lend had lost roughly $20 million worth of crypto after it suffered the exploit. ---