UwU Lend: A reward of $5 million will be established for the first vulnerability reporter

ChainCatcher news, according to The Block, after the attacker failed to return the funds on the UwU Lend platform, the protocol is taking another step to find the hacker. According to the Input Data Message (IDM) on Ethereum, UwU Lend has set up a reward of 5 million USD in ETH for "the first person to identify and locate" the exploiter, adding that "there is no need to recover funds or fees."

Previously, the protocol had discussed directly with the exploiter about setting up a bounty. The attacker could keep 20% of what they stole as long as they returned 80%, and if the exploiter complied, the protocol stated it would not pursue the matter further or involve law enforcement.

It is reported that the attacker must return the funds by 1 PM (Eastern Time) on Wednesday. However, in a message sent to the attacker on Thursday, UwU Lend wrote, "The deadline for repaying the funds you stole has passed."