According to Odaily, MetaTrust has released a statement on platform X, revealing the reasons behind the recent hacker attack on UwU Lend. The lending protocol of UwU Lend has been temporarily suspended due to the attack. The hacker used 60 million uSUSDE, obtained from a previous attack, as collateral to drain the funds pool. Currently, there are still 5 million uSUSDE left.
MetaTrust has advised against supporting SUSDE collateral for UwU Lend. For users, it is recommended to refrain from interacting with the protocol until official action is taken, or to withdraw assets as urgently as possible if feasible. The recent attack has raised concerns about the security of digital assets and the need for improved measures to prevent such incidents.