Bitcoin
Bitcoin (BTC)
$63,792.00 -0.39987
Bitcoin price
Ethereum
Ethereum (ETH)
$3,414.39 0.56625
Ethereum price
BNB
BNB (BNB)
$570.02 0.38765
BNB price
Solana
Solana (SOL)
$157.17 0.75714
Solana price
XRP
XRP (XRP)
$0.5696530 -6.69683
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.69664
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -1.91901
Pepe price
Bonk
Bonk (BONK)
$0.0000263 -2.53446
Bonk price
Bitcoin
Bitcoin (BTC)
$63,792.00 -0.39987
Bitcoin price
Ethereum
Ethereum (ETH)
$3,414.39 0.56625
Ethereum price
BNB
BNB (BNB)
$570.02 0.38765
BNB price
Solana
Solana (SOL)
$157.17 0.75714
Solana price
XRP
XRP (XRP)
$0.5696530 -6.69683
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.69664
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -1.91901
Pepe price
Bonk
Bonk (BONK)
$0.0000263 -2.53446
Bonk price
Bitcoin
Bitcoin (BTC)
$63,792.00 -0.39987
Bitcoin price
Ethereum
Ethereum (ETH)
$3,414.39 0.56625
Ethereum price
BNB
BNB (BNB)
$570.02 0.38765
BNB price
Solana
Solana (SOL)
$157.17 0.75714
Solana price
XRP
XRP (XRP)
$0.5696530 -6.69683
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.69664
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -1.91901
Pepe price
Bonk
Bonk (BONK)
$0.0000263 -2.53446
Bonk price
Bitcoin
Bitcoin (BTC)
$63,792.00 -0.39987
Bitcoin price
Ethereum
Ethereum (ETH)
$3,414.39 0.56625
Ethereum price
BNB
BNB (BNB)
$570.02 0.38765
BNB price
Solana
Solana (SOL)
$157.17 0.75714
Solana price
XRP
XRP (XRP)
$0.5696530 -6.69683
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.69664
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -1.91901
Pepe price
Bonk
Bonk (BONK)
$0.0000263 -2.53446
Bonk price

UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash

uwu-lend-announces-5m-bounty-as-hacker-starts-laundering-stolen-funds-via-tornado-cash
Edited by
News
UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash

Decentralized lending protocol UwU Lend has unveiled a $5 million bounty to “identify and locate” the exploiter.

Developers of UwU Lend are promising to pay up to $5 million “to the first person to identify and locate” a hacker, who exploited the protocol for over $23 million worth of crypto. The bounty was announced shortly after the attacker missed the deadline set by the UwU Lend team, who expected the return of 80% of the stolen funds in exchange for a 20% reward.

UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash - 1

As crypto investigator @CryptoEvgen noted in their X account, the hacker started funneling the stolen assets via Tornado Cash, a mixing service sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) for facilitating approximately $7 billion in crypto laundering since 2019.

As of press time, it’s understood that the hacker has already laundered at least 500 ETH, valued at approximately $1.7 million at current market prices.

UwU Lend, which leverages the open-source AAVE v2 code, suffered two separate attacks from the same hacker in less than three days, executing what appears to be flash loan attacks that compromised multiple liquidity pools.

Founded by Michael Patryn, also known as Omar Dhanani or “0xSifu” — a co-founder of the now-defunct QuadrigaCX exchange — UwU Lend provides lending, borrowing, and staking services while distributing platform revenues through its native token, UwU.