🔴🔴 Yesterday's UwU_Lend hack leads to $19.4m loss 🔴🔴
The root cause is a price oracle issue. In particular, the sUSDe asset is priced as median from multiple sources. Five of them, i.e., FRAXUSDe, USDeUSDC, USDeDAI, USDecrvUSD, and GHOUSDe, were manipulated during the hack.
🔼 Data Credit - DefiPrime
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