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📢 Curve CEO, Michael Egorov, clears the air about the recent UwU Lend hack. No, it wasn't Curve's fault! 😅 The crafty hacker deposited stolen CRVs into LlamaLend and vanished, leaving a debt trail. Egorov advises UwU to tighten their security belts to avoid future exploits. And about that rumor of a 10% CRV token burn? Fake news! 🚫 A mischievous impersonator account had a field day, fooling a few journalists along the way. Egorov also confirmed the $10M bad debt from the UwU exploit has been fully repaid. Phew! As for future liquidation risks, Egorov suggests open-source liquidation bots and community education. Thoughts? Comment below! 👇 #CryptoNews #CurveFinance #UwULendHack

📢 Curve CEO, Michael Egorov, clears the air about the recent UwU Lend hack. No, it wasn't Curve's fault! 😅 The crafty hacker deposited stolen CRVs into LlamaLend and vanished, leaving a debt trail. Egorov advises UwU to tighten their security belts to avoid future exploits.

And about that rumor of a 10% CRV token burn? Fake news! 🚫 A mischievous impersonator account had a field day, fooling a few journalists along the way.

Egorov also confirmed the $10M bad debt from the UwU exploit has been fully repaid. Phew!

As for future liquidation risks, Egorov suggests open-source liquidation bots and community education. Thoughts? Comment below! 👇 #CryptoNews #CurveFinance #UwULendHack

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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