UwU Lend exploiter launders ETH

Quick Summary:

UwU Lend Exploiter Launders Another $4.9M in ETH Through Tornado Cash In a concerning development within the decentralized finance (DeFi) sector, an exploiter-labeled address associated with the UwU Lend protocol has laundered approximately 2,009 ETH (valued at around $4.9 million) through the crypto mixer Tornado Cash, according to a report by PeckShield.

Tornado Cash is a decentralized, non-custodial privacy solution on the Ethereum blockchain that allows users to send and receive funds anonymously.

By breaking the on-chain link between the sender and receiver addresses, Tornado Cash effectively conceals the transaction trail, making it a favored tool for laundering illicit funds.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaMali

Topics: Crypto News UwU Lend

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 10:46:24 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 698 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22967927

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions