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DeFi protocol founded by ‘Sifu’ hacked for $19.4 million

DeFi protocol founded by ‘Sifu’ hacked for $19.4 million


Cryptopolitan
2024-06-10 22:36:03

Uwu Lend, a DeFi protocol created by fraudster Michael Patryn, a.k.a “Sifu”, has been hacked for $19.4 million, according to the blockchain security firm Peckshield. Uwu Lend confirmed the exploit on Monday and said it would refund users “up to 80% of their original deposited amount.” Also read: Crypto Exchange DMM Bitcoin Vows To Repay


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