During the reimbursement process, the DeFi Protocol UwU Lend faced a second attack, resulting in a loss of $3.7 million.

 

In the last three days, the DeFi lending protocol UwU Lend has been targeted by two attacks. The second breach took place on Thursday while the protocol was in the process of reimbursing from the initial hack. The continued story has cost the protocol approximately $23 million. ZkSync has been met with criticism after a controversy surrounding a token airdrop, resulting in a $20 million hit to the DeFi protocol.

In the last three days, the DeFi lending protocol UwU Lend has been targeted by two attacks. The second breach took place on Thursday while the protocol was in the process of reimbursing from the initial hack. The ongoing situation has cost the protocol approximately $23 million. ZkSync is receiving criticism over a token airdrop controversy. DeFi Protocol Suffers $20 Million Exploit. UwU Lend, a DeFi project, suffered a complex attack on June 10th resulting in a loss of $19.3 million. The assault appeared to utilize flash loans to take advantage of the protocol. The project acted promptly by halting the protocol and reassuring users that the majority of assets were secure. UwU Lend reported a $20 million exploit. Alternative: Lend on X was urged by UwU, and the team also provided a $4 million bounty as a reward for returning the funds.