Uranium Finance Loses $50M During Token Migration
- DeFi Protocol
- Scam
Uranium Finance v2.1 migration was exploited for roughly $50 million. Attackers targeted balance modifier logic in the smart contracts. The team claimed it was a hack while on-chain sleuths pointed to possible insider involvement. CT called it another DeFi rug disguised as an exploit.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $50M
- Status
- Total loss
Project shut down, community accused team of rug