Cyvers Co-founder: UwU attack is still ongoing, and the attackers have converted different cryptocurrencies into ETH.

Sep 12, 2024 08:24:53

according to Cointelegraph, the UwU Lend protocol was hacked today, resulting in a loss of nearly 20 million dollars.

Meir Dolev, Chief Technology Officer and co-founder of the on-chain security company Cyvers, stated that the team is still investigating the incident, the attack is ongoing, and the hackers have withdrawn different assets (such as WBTC and DAI) from the pool and converted them to ETH.

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