Binance CEO Changpeng Zhao (“CZ”) sent a tweet on July 11 alarming the Twitter Inc (NYSE: TWTR) community of a potential exploit on Uniswap (CRYPTO: UNI).
What Happened: Uniswap is among the original DeFi applications on Ethereum (CRYPTO: ETH). The smart contracts that comprise the protocol hold nearly $5 billion worth of digital assets and has been regarded as bulletproof by DeFi investors due to their relatively simple code.
Our threat intel detected a potential exploit on Uniswap V3 on the ETH blockchain. The hacker has stolen 4295 ETH so far, and they are being laundered through Tornado Cash. Can someone notify @Uniswap? We …
Full story available on Benzinga.com