UWU Lend Hit with Second Attack in a Row, Losses Reach Upto $3.7 Million

Crypto Hack

The post UWU Lend Hit with Second Attack in a Row, Losses Reach Upto $3.7 Million appeared first on Coinpedia Fintech News

UWU lend, a defi lending protocol, has become the latest victim of a hacker attack two times in a row. According to the We 3 security firm Cyvers alerts, the hacker applied the same hack method as the previous one, targeting UWU lends liquidity pools. The stolen assets, nearly $3.7 million, were converted to ETH and stored at the hacker’s address. This comes days after UWU lend suffered a $20 million hack due to Oracle price manipulation by the same hacker.

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