Michael Egorov, founder and CEO of Curve Finance (CRV), commented on the recent UwU Lend hack, clarifying that the incident did not affect Curve Finance itself. 🛡️

"This was not an exploitation of Curve. This was an exploitation of a separate project (UwU Lend)," he explained.

The hacker, as part of the withdrawal of funds, deposited CRV taken from UwU on lend.curve.fi (LlamaLend) and disappeared with the funds, leaving the debt in the system.

Egorov proposed measures to prevent future exploitation, recommending that UwU Lend “re-verify all contracts and connect them with good security auditors.”