According to BlockBeats, UwU Lend, a lending protocol launched by former Frog Nation CFO 0xSifu, has once again been attacked, resulting in a loss of $3.72 million. The attack occurred on June 13th.
The lending protocol, which was introduced by 0xSifu, who previously served as the CFO of Frog Nation, has been targeted once again by malicious actors. The financial damage from this latest attack is significant, with the protocol losing $3.72 million.
This is not the first time UwU Lend has been subjected to such an attack. However, the details of the attack, including how it was carried out and who might be responsible, have not been disclosed. The incident underscores the potential risks associated with digital lending protocols, particularly in the face of sophisticated cyber threats.