Popular cryptocurrency platform Arkham Intelligence said in its post that the UwU Lend protocol was recently attacked.
Attackers stole approximately $20 million worth of cryptocurrency.
Attacker Converts What He Stole into Ethereum (ETH)!
Apart from Arkham, on-chain security company Cyvers also confirmed the hack. He said that the attacker replaced what he stole with Ethereum (ETH).
“Our system has detected a number of suspicious transactions related to UwU Lend.
The attacker carried out 3 transactions and managed to obtain approximately $19.5 million. But the hack still continues! The amount may increase. Currently, the attacker is exchanging the stolen digital assets for Ethereum (ETH).”
*This is not investment advice.