UwU Lend protocol has been hacked in an ongoing exploit, with over $20 million in digital assets stolen. The attack, discovered by Cyvers, affects multiple assets and continues to unfold.
UwU Lend protocol was hacked for nearly $20 million on Monday, June 10, in an ongoing cryptocurrency exploit.
In less than an hour after Cyvers’ initial alert, the unknown hacker had stolen above $20 million in the ongoing exploit. Shortly after the attack, Cyvers revealed that the attack was funded by the crypto mixing protocol Tornado Cash and executed three malicious transactions. According to Dolev: Crypto hackers may be on track to surpass 2023 in terms of stolen digital assets. In the first quarter of 2024, hackers stole digital assets valued at $542.7 million, a 42% increase compared to the same period in 2023.
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