Ethereum

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Cryptocurrency

UwU Lend

Arkham

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. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 ALERT: Possible exploit on Uwulend<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 $19.3M removed so far. 
 Address:<a href="https://t.co/mDU0WTbE7S">https://t.co/mDU0WTbE7S</a> <a href="https://t.co/Bx7cLbkrqE">pic.twitter.com/Bx7cLbkrqE</a> 
 — Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1800143513016750135?ref_src=twsrc%5Etfw">June 10, 2024</a>
</blockquote> 
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&nbsp; 
<h2 id="attacker-converts-what-he-stole-into-ethereum-eth">Attacker Converts What He Stole into Ethereum (ETH)!</h2> 
Apart from Arkham, on-chain security company Cyvers also confirmed the hack. He said that the attacker replaced what he stole with Ethereum (ETH). 
<blockquote> 
 “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).” 
</blockquote> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">ALERT<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">Our system has detected a series of suspicious transactions involving <a href="https://twitter.com/UwU_Lend?ref_src=twsrc%5Etfw">@UwU_Lend</a>! 
 Attacker has executed 3 transactions and was able to get around $19.5M. But hack is still ongoing! Amount might increase. Right now attacker is swapping stolen digital assets to <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>.… <a href="https://t.co/8cAB2NWwKV">https://t.co/8cAB2NWwKV</a> <a href="https://t.co/V2RrqYagD2">pic.twitter.com/V2RrqYagD2</a> 
 — <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> Cyvers Alerts <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CyversAlerts) <a href="https://twitter.com/CyversAlerts/status/1800142992973463783?ref_src=twsrc%5Etfw">June 10, 2024</a>
</blockquote> 
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&nbsp; 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/just-in-another-cryptocurrency-platform-has-been-hacked-there-is-a-great-loss-attacker-converts-what-he-stolen-into-ethereum-eth/">JUST IN: Another Cryptocurrency Platform Has Been Hacked! There is a Great Loss! Attacker Converts What He Stolen into Ethereum (ETH)!</a>

JUST IN: Another Cryptocurrency Platform Has Been Hacked! There is a Great Loss! Attacker Converts What He Stolen into Ethereum (ETH)!

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