UwU Lend Offers $5 Million Reward for Successfully Finding Exploiter

Bittime - After the recent exploit on the UwU Lend platform, the hunt for the attacker continues. The stolen funds were not returned, prompting further action from the protocol.

Uwu Lend Rewards $5 Million ETH for Information

According to the Input Data Message (IDM) on the Ethereum blockchain , UwU Lend has set a huge reward of $5 million in ETH for “the first person to identify and discover” the attacker.

Notably, the message emphasized that “no funds or costs are required to be recovered” for the prize to be awarded.

Check Today's Crypto Market:

Shifting Tactics: From Gifts to Negotiations

This rewards program signals a change in UwU Lend's approach. Previously, the protocol explored the possibility of direct negotiations with attackers. 

The proposed terms are a 20% cut for attackers if they return 80% of the stolen funds. Additionally, UwU Lend promises not to take legal action or involve law enforcement in exchange for recovered funds.

Also Read How to Buy Crypto:

Deadline Passes, Rewards Program Begins

An ultimatum issued to the attacker demands the return of the stolen funds by 1 pm ET on Wednesday. 

Unfortunately, a message sent on Thursday by UwU Lend confirmed that "the deadline for returning stolen funds has expired." With the deadline passing, focus has shifted to the newly created rewards program.

Check Crypto Prices Today:

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements  of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

UwU Lend Suspected of Having a Loophole, Withdrawals of $19.3 Million Occurred!

Holograph Hacked, Hackers Illegally Print 1 Billion HLG Tokens!

ZK Nation Admits Imperfections of zkSync Airdrop, Timeline Remains the Same

DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.