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Curve founder: The recent UwU Lend hack has nothing to do with Curve

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2024-06-16 11:06:24
Michael Egorov, founder and CEO of Curve Finance (CRV), said the recent UwU Lend hack had nothing to do with Curve Finance. Egorov explained that the hackers exploited the vulnerability of UwU Lend, not Curve.
He advised UwU Lend to re-verify all contracts and work with quality security auditors. At the same time, he cleared up the misinformation about the destruction of CRV tokens, saying it was misinformation posted by fake accounts.
Egorov also announced that he had fully repaid the $10 million in bad debt triggered by the UwU breach, ensuring that no one was harmed. This shows the importance he attaches to Curve Finance's stability and user rights.
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