Source: TheMerkle.com
UwU Lend has experienced a significant attack resulting in the theft of over $19 million in tokens. The attacker exploited price manipulation techniques to carry out the heist, using flash loans to orchestrate the scheme.
Initially, the attacker used a flash loan to swap $USDe for other tokens, causing the price of $USDe and $sUSDe to drop. Capitalizing on this price drop, the attacker deposited some of these tokens
Read More https://themerkle.com/uwu-lend-suffers-19m-loss-in-price-manipulation-attack/
The post "UwU Lend Suffers $19M Loss In Price Manipulation Attack" appeared first here TheMerkle.com.
Source: TheMerkle.com
